Steven Sordello
Director at TEAM
Board
About Steven Sordello
Independent director since 2015 (age 56), Audit Committee Chair and audit committee financial expert. Former SVP and CFO of LinkedIn (2007–2022), where he oversaw the IPO and Microsoft’s $26.2B acquisition; prior CFO and senior finance roles at TiVo, Ask Jeeves, Adobe, and Syntex. Education: B.S. and MBA from Santa Clara University .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| LinkedIn Corporation | SVP & Chief Financial Officer | 2007–2022 | Oversaw IPO and $26.2B sale to Microsoft |
| TiVo, Inc. | Chief Financial Officer | 2006–2007 | Finance leadership at consumer tech company |
| Ask Jeeves, Inc. | Senior management roles incl. CFO | 1999–2005 | Led finance through IAC acquisition |
| Adobe Systems Incorporated | Finance roles | 1994–1999 | Enterprise software finance experience |
| Syntex Corporation | Finance roles | 1992–1994 | Pharmaceuticals sector finance |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Compass, Inc. | Director | Current | Public company board experience |
| Cloudera, Inc. | Director (prior) | Until merger with Hortonworks | Audit committee experience |
Board Governance
| Item | Detail |
|---|---|
| Independence | Determined independent by the Board |
| Committee assignments | Audit Committee Chair; members: Sordello (Chair), Dykstra, Smith, Zatlyn |
| Financial expert | Sordello qualifies as an audit committee financial expert |
| Committee activity | Audit Committee met 8 times in FY2025 |
| Board meetings | Board met 9 times in FY2025; each director attended ≥75% of applicable meetings |
| Board leadership | Independent Chair (Shona L. Brown); no Lead Independent Director deemed necessary |
| Executive sessions | Independent director executive sessions at all quarterly Board meetings |
Fixed Compensation
| Component | Policy (FY2025) | Sordello FY2025 Actual |
|---|---|---|
| Board annual cash retainer | $55,000 | Part of total cash |
| Audit Committee Chair retainer | $20,000 | Part of total cash |
| Meeting fees | None (no attendance fees) | None |
| Board Chair add’l retainer | $50,000 (not applicable to Sordello) | N/A |
| Total cash earned | — | $75,000 |
Performance Compensation
| Equity Element | Structure | Vesting | FY2025 Value / Holdings |
|---|---|---|---|
| Annual RSU grant for non-employee directors | RSUs granted at each annual meeting | Vests in full on earlier of 1-year anniversary or next annual meeting, subject to service | $290,000 annual grant value ; Stock award reported $290,030 |
| Unvested RSUs (as of 6/30/2025) | Directors other than Dykstra, Smith, Warner held unvested RSUs | — | 1,056 unvested RSUs for Sordello |
| Clawback | Awards subject to Company’s Compensation Recovery Policy and applicable clawbacks |
No director performance-based vesting criteria disclosed; director equity is time-based RSUs .
Other Directorships & Interlocks
| Category | Detail |
|---|---|
| Current public boards | Compass, Inc. |
| Prior public boards | Cloudera, Inc. (until Hortonworks merger) |
| Shared directorships with key counterparties | None disclosed |
| Related-party transactions | Audit Committee reviews/approves; no Sordello-related transactions disclosed since FY2025; aircraft arrangements involve CEO and were Audit Committee-approved |
Expertise & Qualifications
- Extensive CFO experience at scaled technology companies; deep strategy, operations, M&A leadership (LinkedIn IPO and sale to Microsoft) .
- Audit/finance/accounting expertise; designated audit committee financial expert at Atlassian .
- Public company board and audit committee experience across private/public firms (Compass, Cloudera) .
Equity Ownership
| Measure | Value |
|---|---|
| Beneficial ownership | 49,994 Class A shares; <1% beneficial ownership |
| Ownership guidelines (directors) | Must hold Atlassian stock with fair market value ≥$265,000; 4 years to comply |
| Hedging/pledging | Prohibited without Audit Committee approval |
| Pledging disclosed | None disclosed in proxy |
| Unvested RSUs (director) | 1,056 unvested RSUs as of 6/30/2025 |
Governance Assessment
- Strengths: Independent director; Audit Chair with financial expert designation; active committee oversight (8 meetings FY2025); robust clawback and director ownership policies .
- Alignment: Director pay mix emphasizes equity (annual RSUs of ~$290k vs $75k cash), plus stock ownership guideline, supporting long-term alignment .
- Independence/engagement: Board reports all directors met ≥75% attendance; independent Chair with executive sessions enhances oversight .
- Watch items: Virtual-only meeting model and note that none of the then current directors attended the 2024 annual meeting could be viewed as less visible engagement with retail holders; Board emphasizes continuous stockholder outreach during FY2025 . Dual-class structure concentrates voting power with founders (Board context), elevating the importance of independent audit oversight .