Tiffany Norwood
About Tiffany Norwood
Tiffany Norwood was appointed to the Sidus Space Board of Directors on July 15, 2025, for a term continuing to the next annual meeting . She is a serial tech entrepreneur with 35+ years of experience across space, telecommunications, digital media, and fintech, including helping raise nearly $700 million at age 27 for WorldSpace’s global digital radio satellite platform; she holds a B.S. in Economics (statistics/computer science) from Cornell, an MBA from Harvard, and is a Master of Engineering candidate in Systems Engineering at Cornell . Sidus disclosed no related-party transactions involving Norwood under Item 404(a) at appointment .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| WorldSpace | Early executive contributor in capital formation | Not disclosed | Assisted in raising nearly $700 million to launch global digital radio satellites, contributing to innovations that led to XM Radio |
| Multiple startups | Founder/Operator | Not disclosed | Led nine startups with multiple exits across 50+ countries |
External Roles
| Organization | Role | Tenure | Focus/Impact |
|---|---|---|---|
| Tribetan (edtech) | Founder & CEO | Not disclosed | Entrepreneurial literacy and innovation education platform |
| SimWin Sports | Co‑Founder | Not disclosed | First AI- and blockchain-powered digital sports league |
| Elfkare | Co‑Founder | Not disclosed | AI-for-Good healthcare initiatives |
Board Governance
- Appointment and independence/conflicts: Norwood was appointed July 15, 2025; Sidus reported “no arrangements or understandings” behind her election and “no transactions” requiring Item 404(a) disclosure at the time .
- Board structure: Sidus’ Chair is also CEO (Carol Craig), with Jeffrey Shuman serving as Lead Independent Director since February 2025 .
- Independence and committees (company-level): The Board determined a majority of directors were independent under Nasdaq rules and all Audit, Compensation, and Nominating & Governance committee members were independent; one audit committee financial expert identified .
- Committee composition (as of 12/31/2024, pre‑Norwood):
- Audit: Dana Kilborne (Chair), Cole Oliver, Leonardo Riera, Jeffrey Shuman; Kilborne designated financial expert .
- Compensation: Jeffrey Shuman (Chair), Cole Oliver, Leonardo Riera, Lavanson Coffey .
- Nominating & Governance: Lavanson Coffey (Chair), Dana Kilborne, Cole Oliver, Leonardo Riera .
- Attendance: In FY2024, the Board met 6 times and all directors attended every meeting; committees met 7 (Audit), 0 (Compensation), and 2 (Nominating) times .
- Norwood’s committee assignments: Not specified in the appointment 8‑K and not disclosed in the proxy; IR pages list Board/committee structures but do not assign Norwood to a specific committee in the materials available .
Fixed Compensation
- Norwood joined in 2025; the 2025 proxy presents 2024 director compensation and does not include Norwood. No director cash retainer or fee disclosure for Norwood was provided in available filings. The 2024 non‑employee director compensation table shows cash fees and “all other compensation” for other directors; Norwood is absent because she was not yet on the Board .
| Director Compensation (Norwood) | FY2024 | FY2025 |
|---|---|---|
| Annual cash retainer | Not applicable (not a director) | Not disclosed in available filings |
| Committee chair/member fees | Not applicable (not a director) | Not disclosed in available filings |
Performance Compensation
- No equity or option grants to Norwood are disclosed in available filings; her appointment 8‑K contains no compensation items, and the 2025 proxy covers 2024 (pre‑appointment) .
| Performance-linked Pay Elements (Norwood) | Terms |
|---|---|
| RSUs/PSUs | Not disclosed in available filings |
| Options | Not disclosed in available filings |
| Performance metrics, vesting schedules | Not disclosed in available filings |
Other Directorships & Interlocks
| Category | Details |
|---|---|
| Public company directorships besides Sidus | None disclosed by Sidus in appointment/press materials |
| Private company/nonprofit roles | Tribetan (Founder & CEO), SimWin Sports (Co‑Founder), Elfkare (Co‑Founder) |
| Potential interlocks/conflicts | No Item 404(a) related‑party transactions involving Norwood disclosed at appointment |
Expertise & Qualifications
- Capital formation: Early leader in raising nearly $700 million for WorldSpace’s global satellite radio platform .
- Technology/AI: Founding roles in AI/blockchain sports league and AI‑for‑Good healthcare; founding edtech platform .
- Education: Cornell B.S. in Economics (statistics/computer science), Harvard MBA, Cornell M.Eng. candidate in Systems Engineering .
- Global experience: Operated across 50+ countries; multiple startup exits .
Equity Ownership
| Ownership & Alignment | Status |
|---|---|
| Beneficial ownership (shares/% outstanding) | Not included in the April 29, 2025 proxy’s beneficial ownership table (pre‑appointment snapshot) |
| Director lock‑ups | Listed among lock‑up parties in Sidus offerings on July 28, 2025 and September 16, 2025, indicating alignment via share sale restrictions during offerings |
| Related‑party transactions | None requiring Item 404(a) disclosure at appointment |
| Pledged/hedged shares | No disclosure found in available filings |
Governance Assessment
- Positives: Appointment with no 404(a) conflicts disclosed ; deep capital markets and tech commercialization expertise relevant to Sidus’ growth strategy ; Board has Lead Independent Director and independent committees, with an audit committee financial expert .
- Unknowns/monitoring: Norwood’s committee assignments, attendance, and compensation mix not yet disclosed; beneficial ownership and equity grant details pending future proxy/filings .
- RED FLAGS (company-level context to monitor): Ongoing related‑party exposure involving the CEO’s entity (Craig Technical Consulting, Inc.)—sublease, advances, subcontracting revenue, and services—governed by a related‑party policy reviewed by the Audit Committee; important for independent directors (including Norwood) to oversee mitigation and ensure arm’s‑length terms .
Overall, Norwood brings sought‑after fundraising and frontier tech expertise with no disclosed conflicts at appointment, but investors should look for forthcoming disclosures on her committee roles, equity ownership, and director pay to assess alignment and board effectiveness .