Greg Economou
About Greg Economou
Greg Economou is an independent director of Signing Day Sports (SGN) and has served on the board since May 2023. He is currently Managing Director, Commercial Ventures at Suns Legacy Partners d/b/a Player 15 Group (since June 2024) and Managing Director of Greg Economou Consulting (since March 2023), with prior senior roles including Co‑Founder/CEO of game1 (2019–2023) and Chief Commercial Officer & Head of Sports at Live Nation Entertainment (2017–2019). He holds a BA in History and Communications; age 60 per the 2025 proxy’s director slate.
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Suns Legacy Partners d/b/a Player 15 Group | Managing Director, Commercial Ventures | Jun 2024–present | Sports/commercial ventures leadership |
| Greg Economou Consulting | Managing Director | Mar 2023–present | Advisory leadership |
| game1, LLC | Co‑Founder & CEO | Jul 2019–Mar 2023 | Content/sports business leadership |
| Live Nation Entertainment (NYSE: LYV) | Chief Commercial Officer & Head of Sports | Apr 2017–Jun 2019 | Global sports/commercial partnerships |
External Roles
| Category | Company/Institution | Role | Notes |
|---|---|---|---|
| Operating role | Suns Legacy Partners d/b/a Player 15 Group | Managing Director, Commercial Ventures | Not a public company directorship |
| Operating role | Greg Economou Consulting | Managing Director | Not a public company directorship |
| Public company directorships | — | — | None disclosed in SGN filings for Mr. Economou |
Board Governance
- Independence: Determined independent under NYSE American rules.
- Committee assignments: Audit Committee (member), Compensation Committee (member), Nominating and Corporate Governance Committee (chair).
- Attendance and engagement: In 2024, the Board held five meetings; each incumbent director attended at least 75% of Board and applicable committee meetings; all five directors attended the 2024 annual meeting.
- Governance controls: Code of Ethics; prohibitions on hedging/derivatives and pledging/margin unless specifically pre‑approved.
- Board leadership: Combined CEO/Chair structure at SGN.
Fixed Compensation
| Year/Date | Cash Item | Amount (USD) | Terms/Notes |
|---|---|---|---|
| FY 2024 | Fees earned/paid in cash | $0 | No cash fees disclosed for Economou in 2024 director comp table |
| Apr 17, 2025 | One‑time service bonus | $22,500 | Board‑approved cash bonus for services as director (in addition to any agreement entitlements) |
Performance Compensation
| Grant Date | Instrument | Shares/Options | Exercise Price | Grant Date Fair Value | Vesting/Notes |
|---|---|---|---|---|---|
| Oct 16, 2024 | Common stock (stock award) | 1,459 shares | — | Included in FY24 “Stock Awards” total of $10,982 | Award under 2022 Plan; ASC 718 methodology; standard form of restricted stock agreement |
| May 9, 2023 | Stock option | 500 options | $120.00 | — | 1/12th vests on each subsequent Aug 9, Nov 9, Feb 9, May 9 after grant; as of Dec 31, 2024, 250 remained unvested with installments scheduled on Feb 9, 2025; May 9, 2025; Aug 9, 2025; Nov 9, 2026; Feb 9, 2026; May 9, 2026 (per proxy disclosure) |
Notes: Share and per‑share data reflect reverse stock splits (1‑for‑5 on Apr 14, 2023 and 1‑for‑48 on Nov 16, 2024) as disclosed in the proxy unless otherwise noted.
Other Directorships & Interlocks
- Current public company boards: None disclosed for Mr. Economou.
- Committee roles at other issuers: None disclosed.
- Interlocks/conflicts: The proxy enumerates several related‑party transactions involving other insiders (e.g., CEO Daniel Nelson and former directors/5% holders); Mr. Economou is not named in those transactions. The Audit Committee (on which Economou serves) has responsibility for approval of related‑party transactions.
Expertise & Qualifications
- Sports/commercial partnerships executive; prior CCO & Head of Sports at Live Nation; founder/operator experience at game1.
- Governance experience as chair of SGN’s Nominating & Corporate Governance Committee; member of Audit and Compensation Committees.
- Education: BA in History and Communications.
Equity Ownership
| As of Record Date | Common Shares | Options Exercisable within 60 days | Total Beneficial Ownership | Ownership % of Outstanding | Shares Outstanding (Record Date) |
|---|---|---|---|---|---|
| Sep 18, 2025 | 919 | 417 | 1,336 | ∗ (<1%) | 3,947,781 |
| Beneficial ownership breakdown per proxy |
Hedging/pledging: Company policy prohibits hedging and pledging/margin without specific pre‑approval; no pledges disclosed.
Governance Assessment
- Board effectiveness: Economou chairs Nominating & Corporate Governance and sits on Audit and Compensation, concentrating oversight influence across key committees; this supports governance processes (nominations, related‑party review via Audit, and pay oversight via Compensation).
- Independence and engagement: Classified as independent; the board reported ≥75% attendance for all incumbents in 2024, and full director attendance at the 2024 annual meeting, suggesting baseline engagement.
- Ownership alignment: Beneficial ownership is <1%, with 1,336 total shares including options exercisable within 60 days; alignment relies more on annual equity awards than on sizable personal holdings.
- Compensation structure signals: 2024 director pay for Economou was equity‑only ($10,982 stock award) but the Board approved one‑time cash bonuses on Apr 17, 2025 ($22,500 to Economou). Discretionary cash bonuses for directors are uncommon and could draw investor scrutiny regarding pay philosophy and independence; monitor for recurrence or policy formalization.
- Conflicts/related‑party exposure: The proxy details multiple related‑party transactions with other insiders; Mr. Economou is not a party to these. As an Audit Committee member, he shares oversight of related‑party approvals, making his independence and diligence central to investor confidence.
- Risk controls: Presence of a Code of Ethics, hedging/pledging prohibitions, and a clawback policy adopted in Nov 2023 for executive officers strengthen the control environment, though the clawback applies to executives rather than directors.
- Structural consideration: SGN maintains a combined CEO/Chair structure; the presence of independent committee chairs (including Economou on Nominating) partially mitigates, but investors often prefer a separate Chair or robust lead independent role (not disclosed).
RED FLAGS to monitor: Discretionary cash bonuses to independent directors (Apr 2025), low personal ownership (<1%), and continued related‑party transactions involving other insiders (oversight quality depends on Audit Committee rigor).