Julie K. Streich
Schneider NationalAbout Julie K. Streich
Julie K. Streich, age 54, is an independent director of Schneider National (SNDR) since 2023 and serves on the Audit Committee. She is currently Senior Vice President, Finance and Chief Financial Officer of Barnes Group Inc. (public company) and is designated by the Board as an “audit committee financial expert,” reflecting deep finance, strategy, and IT experience. She holds a B.A. in Economics & Spanish from Ripon College and a Master of International Business from the University of Texas, San Antonio .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Barnes Group Inc. | SVP Finance & Chief Financial Officer | Since May 2021 | Public company CFO; finance, strategy, IT leadership |
| Centrica PLC | Increasing responsibility (finance/operations) | Not disclosed | Experience in global energy services; finance/IT exposure |
| Pentair Process Technologies | Increasing responsibility | Not disclosed | Global water treatment experience |
| Irwin Financial Corporation | Increasing responsibility | Not disclosed | Finance leadership experience |
| Eagle Materials | Increasing responsibility | Not disclosed | Industrial business experience |
| MeadWestvaco | Increasing responsibility | Not disclosed | Industrial/packaging experience |
| Menasha Corporation | Increasing responsibility | Not disclosed | Industrial operations experience |
External Roles
| Organization | Capacity | Public/Private | Start | Notes |
|---|---|---|---|---|
| Barnes Group Inc. | SVP Finance & CFO | Public | May 2021 | Current executive role (not a directorship) |
| Other public company directorships | — | — | — | None disclosed in SNDR proxy |
Board Governance
- Independence and roles
- Independent director; not a member of the Schneider family voting group .
- Audit Committee member; not a committee chair .
- Audit Committee Financial Expert (SEC definition) .
- Attendance and meetings
- Board met 5 times in 2024; each incumbent director attended >75% of Board and committee meetings; non-management directors held four executive sessions; independent directors held one executive session .
- Audit Committee met 5 times in 2024 .
- Board leadership and structure
- Independent, non-employee Chairman (James L. Welch); CEO and Chair roles are separated .
- SNDR is a NYSE “controlled company” (Schneider family voting trust holds majority of votes) and utilizes exemptions for Compensation and Corporate Governance Committees not being composed entirely of independent directors .
- Risk and oversight relevance
- Audit Committee oversees enterprise risk management and cybersecurity oversight (data protection, trade secrets, persistent threats) .
Fixed Compensation
| Component | Policy/Amount | 2024 Amount for Streich | Notes |
|---|---|---|---|
| Annual cash retainer | $105,000 | $110,000 | Audit Committee member retainer adds $5,000; committee chairs get additional retainers; Board Chair gets $100,000; 2024 regular board member retainers increased by $25,000 vs 2023 ($10k cash, $15k RSUs) . Julie’s cash fees totaled $110,000 in 2024 . |
| Committee chair fees | Audit $25k; Comp $20k; Governance $15k | — | Not applicable to Streich (not a chair) . |
| Meeting fees | None disclosed | — | Not part of director pay structure . |
| Deferral option | Director Deferral Program (DDP) available | Not disclosed for Streich | Directors may elect to receive cash as stock and/or defer cash/stock; in 2024, James R. Giertz participated in DDP . |
2024 Director Compensation Summary (Julie K. Streich):
- Total: $280,015 (Cash: $110,000; Stock awards: $170,015; All other compensation: $0) .
Performance Compensation
| Element | 2024 Structure | Value/Terms | Vesting/Dividends |
|---|---|---|---|
| Annual equity grant (RSUs) | Granted on each annual meeting date (2024 Annual Meeting) | $170,015 grant-date fair value for Streich in 2024 | Vests on earlier of one year from grant or next Annual Meeting; dividend equivalents accrue and follow RSU vesting . |
| Performance-conditioned awards | Not applicable for non-employee directors | — | No director PSUs/options in 2024 . |
Grant date context:
- RSUs are granted on the Annual Meeting date; the 2024 election of directors occurred on April 29, 2024 (date of 2024 Annual Meeting), therefore 2024 director RSUs were granted that day under policy .
Other Directorships & Interlocks
| Company | Role | Committee roles | Interlock/Conflict with SNDR |
|---|---|---|---|
| Barnes Group Inc. | SVP Finance & CFO | — | No related-person transactions involving Ms. Streich disclosed; she is deemed independent by SNDR Board . |
Notes:
- Compensation Committee interlocks: SNDR disclosed none for 2024 (company-wide) .
Expertise & Qualifications
- Financial expertise: Audit Committee Financial Expert; extensive finance, strategy, and IT background; public-company CFO .
- Education: B.A. Economics & Spanish (Ripon College); Master of International Business (UT San Antonio) .
Equity Ownership
| Item | Detail |
|---|---|
| Beneficial ownership (as of Feb 19, 2025) | 4,305 shares of Class B common stock; less than 1% of Class B outstanding . |
| Ownership counting conventions | Beneficial ownership excludes unvested RSUs and options not exercisable within 60 days . |
| Director ownership guidelines | 5x annual cash retainer; must retain 75% of net shares until met; all non-employee directors are either meeting or accumulating toward the guideline . |
| Hedging/pledging | Prohibited for directors (no hedging, no pledging, no short sales or derivatives) . |
Insider trades and Section 16 compliance:
- Company reported all required Section 16 filings were timely in 2024 (no director-specific delinquencies noted) .
Governance Assessment
-
Positive signals
- Independent director with public-company CFO experience and designated Audit Committee financial expert—high relevance for SNDR’s audit and cyber risk oversight .
- Strong attendance culture; Board/committees active; non-management and independent executive sessions held; independent Chairman separates leadership roles .
- Robust director pay structure aligned to market median; mix includes meaningful equity; stock ownership guideline at 5x cash retainer; anti-hedging/anti-pledging policy enhances alignment .
- No compensation committee interlocks reported; use of an independent compensation consultant (FW Cook) without conflicts .
- 2024 Say-on-Pay support was 99.8%, signaling broad investor alignment with pay practices .
-
Watch items / potential risks
- Controlled company exemptions: Compensation and Corporate Governance Committees are not fully independent, which can raise governance concerns even with an independent Chairman and majority independent board .
- Time demands: Concurrent public-company CFO role could limit availability; however, proxy reports >75% attendance for all incumbents in 2024 .
- Ownership stake: Beneficial ownership is modest at 4,305 shares (<1% of Class B), though directors must build to 5x-cash-retainer per policy .
-
Conflicts/related-party exposure
- No related-person transactions involving Ms. Streich were disclosed; she is classified as independent by the Board under NYSE standards .
Appendix — Governance Reference Data
Board and committee activity (2024):
- Board meetings: 5; each incumbent director >75% attendance; non-management executive sessions: 4; independent directors executive session: 1 .
- Audit Committee meetings: 5; Audit Committee members (Giertz—Chair, Swainson, Streich) all independent under Rule 10A-3; committee oversees ERM and cybersecurity risks .
Director compensation policy (2024):
- Cash retainer: $105,000; Audit member retainer: $5,000; Committee chair retainers: Audit $25,000, Comp $20,000, Governance $15,000; Board Chair retainer: $100,000 .
- Equity: RSUs of $170,000 value granted at Annual Meeting; vest earlier of 1 year or next Annual Meeting; dividend equivalents accrue .
- 2024 actuals for Streich: Cash $110,000; Stock awards $170,015; Total $280,015 .