Erik Anderson
About Erik Anderson
Erik Anderson (age 66) has served on SLDP’s board since 2021; he is CEO of WestRiver Group (since 2002), Executive Chairman of Singularity Group (since 2018), and previously served as CEO and Executive Chairman of Topgolf International, Inc. (2015–2021). He holds an M.S. and B.S. in Industrial Engineering from Stanford University and a B.A. in Management Engineering from Claremont McKenna College . The board’s skills matrix attributes to him audit/financial acumen, battery/energy technology exposure, M&A/strategic oversight, and operations experience; his SLDP board tenure is shown as 4 years as of the 2025 proxy .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Topgolf International, Inc. | Chief Executive Officer and Executive Chairman | 2015–2021 | Not disclosed |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| WestRiver Group | Chief Executive Officer | 2002–present | Not disclosed |
| Singularity Group | Executive Chairman | 2018–present | Not disclosed |
| Topgolf Callaway Brands Corp. | Director | Current (as of 2025 proxy) | Not disclosed |
| Hyzon Motors, Inc. | Director | Current (as of 2025 proxy) | Not disclosed |
| Decarbonization Plus Acquisition Corporation IV | Director (prior 5 yrs) | Prior | Not disclosed |
| Decarbonization Plus Acquisition Corporation II | Director (prior 5 yrs) | Prior | Not disclosed |
Board Governance
- Committee assignments: Audit Committee member; the audit committee comprised independent directors and met 4 times in 2024. The Audit Committee Report is signed by Chair Susan Kreh with members Erik Anderson and Lesa Roe .
- Independence and leadership: The board affirmed that all directors other than Dr. Feurer and the CEO (Mr. Van Scoter) are independent; SLDP separates the CEO and Chair roles, with independent Chair John Stephens leading executive sessions .
- Attendance and engagement: The board held four meetings in 2024, and each director attended at least 75% of board and applicable committee meetings; all directors attended the 2024 annual meeting .
- Tenure and expertise: Director since 2021 (matrix shows 4 years of SLDP board tenure) with skills in audit/financial, battery/energy technology development, human resources, international operations, manufacturing/operations, M&A/strategic planning, risk management/legal/regulatory, sustainability, and significant public-company experience .
Fixed Compensation
| Component (2024) | Policy/Rate | Anderson Amount |
|---|---|---|
| Annual cash retainer (outside director) | $50,000 per year | $50,000 (part of Fees Earned) |
| Audit Committee member fee | $10,000 per year | $10,000 (part of Fees Earned) |
| Committee chair fees (if applicable) | Audit: $20,000; Gov: $15,000; HRC: $15,000 | $0 (not a chair) |
| Meeting fees | Not disclosed (none indicated) | $0 (not listed) |
| Total cash fees earned (2024) | — | $60,000 |
Notes: Cash is paid quarterly in arrears under the Outside Director Compensation Policy .
Performance Compensation
| Element | Grant Date | Grant Date Fair Value | Vesting | CIC Treatment |
|---|---|---|---|---|
| Annual RSU (outside director) | May 22, 2024 (2024 grants) | $139,197 | Vests on earlier of first anniversary of grant or day before next annual meeting, subject to service | |
| Director RSU policy (target) | Annual meeting date | $145,000 “Grant Value” (policy) | As above | Immediate full vesting immediately prior to a change in control (single-trigger) |
Outstanding equity as of 12/31/2024:
- RSUs: 59,197 vested / 82,365 unvested (no stock options) .
Other Directorships & Interlocks
| Company | Type | Role | Notes |
|---|---|---|---|
| Topgolf Callaway Brands Corp. | Public | Director | Current other public board |
| Hyzon Motors, Inc. | Public | Director | Current other public board |
| Decarbonization Plus Acquisition Corp IV | Public (SPAC) | Director | Within past 5 years |
| Decarbonization Plus Acquisition Corp II | Public (SPAC) | Director | Within past 5 years |
- Compensation committee interlocks: The proxy discloses no compensation committee interlocks or insider participation during 2024 (HRC committee members only; Anderson is not on HRC) .
Expertise & Qualifications
- Degrees: M.S. and B.S. Industrial Engineering (Stanford); B.A. Management Engineering (Claremont McKenna) .
- Skills matrix highlights: audit/financial, battery/energy tech, HR, international operations, manufacturing/operations, M&A/strategic oversight, risk/legal/regulatory, sustainability, and other public company board experience .
Equity Ownership
| Metric (as of dates noted) | Amount/Status |
|---|---|
| Total beneficial ownership (3/24/2025) | 329,179 shares; <1% of outstanding |
| Composition (3/24/2025) | 59,197 shares held directly; 187,617 shares held by WestRiver Management, LLC; plus 82,365 shares underlying RSUs scheduled to vest within 60 days. Anderson is sole member/manager of WestRiver and disclaims beneficial ownership except to the extent of pecuniary interest . |
| RSUs outstanding (12/31/2024) | 59,197 vested / 82,365 unvested; no options |
| Pledging/Hedging | Company policy prohibits hedging and pledging by directors |
| Director stock ownership guidelines | 5x annual cash retainer; all covered directors in compliance or on track as of 12/31/2024 |
Governance Assessment
- Positive signals: Independent director with Audit Committee service; the Audit Committee is fully independent and active (4 meetings in 2024, report issued), and Anderson is a signatory—supporting financial oversight credibility . Attendance met board thresholds and he attended the 2024 annual meeting, indicating engagement . Equity-heavy director pay and a 5x retainer ownership guideline (with compliance/on-track status) support alignment; hedging/pledging is prohibited .
- Compensation structure: For directors, equity is time-based RSUs with single-trigger vesting upon a change in control; while typical for non-employee directors, single-trigger vesting warrants monitoring for potential windfalls in a sale scenario .
- Conflicts/related parties: The proxy discloses related-party transactions with BMW and Ford (>5% holders), approved by the Audit Committee; no related-party transactions are disclosed for Anderson or his affiliated entities (e.g., WestRiver) . Beneficial holdings include shares via WestRiver, which he controls, but no associated company transactions are reported—lower conflict risk as disclosed .
- Process quality: The HRC committee (independent) retains an independent consultant (Compensia); say-on-pay is annual and received stockholder approval in 2024—indicators of responsive compensation governance, though this pertains to executives rather than directors .
RED FLAGS: None disclosed specific to Anderson—no attendance shortfalls, no disclosed related-party transactions tied to him, no hedging/pledging, and compensation within plan limits (director comp cap $500k per year) .