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Anthony Thomopoulos

Vice Chair of the Board at Kartoon Studios
Board

About Anthony Thomopoulos

Anthony Thomopoulos (age 87) is an independent director of Kartoon Studios, Inc. and has served on the Board since February 2014. He is Vice Chair of the Board, and brings decades of entertainment industry leadership including prior roles as Chairman of United Artists Pictures and President of Amblin Television, with a degree in Foreign Service from Georgetown University . The Board has determined he is independent under NYSE American rules .

Past Roles

OrganizationRoleTenureCommittees/Impact
United Artists PicturesChairman1986–1989Led major film studio operations
Thomopoulos PicturesChief Executive Officer1989–presentFounded independent production company
Amblin Television (Amblin Entertainment)President1991–1995Oversaw television division
International Family Entertainment, Inc.President1995–1997Led family entertainment company
Media Arts Group (NYSE-listed)Chairman & CEOJun 2001–Jan 2004Public company leadership
Morning Light ProductionsFounding PartnerNot disclosedFounding partner in production venture
Thomopoulos ProductionsOperator/Founder2008–presentFounded and operates production entity
BKSems, USAConsultantNot disclosedAdvisor to digital signage company
California Service Corps (State of CA)State Commissioner2005–2008Public service under Governor Schwarzenegger
Georgetown UniversityBoard of Directors1978–1988University governance

External Roles

OrganizationRoleTenureNotes
National Hellenic SocietyAdvisor and MemberNot disclosedCivic/heritage organization involvement
Current public company boardsNone disclosedNo additional current public company directorships in proxy bio

Board Governance

AttributeDetail
Board roleVice Chair of the Board
IndependenceDetermined independent under NYSE American rules
CommitteesNot listed as a member of Audit, Compensation, Nominating, or Investment Committees in 2024
Committee structure (2024)Audit: Davis, Sicignano (Chair), Segall; Compensation: Segall (Chair), Loesch; Nominating: Segall (Chair), Davis; Investment: Davis, Sicignano
Meetings (2024)Board 6; Audit 4; Compensation 1; Nominating 1; Investment 1
AttendanceNo director attended fewer than 75% of Board and relevant committee meetings in 2024
Annual meeting attendance policyMembers make every effort, but not required, to attend
Section 16(a) complianceForm 4 late filings for Thomopoulos on Mar 22, 2024; May 8, 2024; Nov 8, 2024; Jan 17, 2025
Hedging/pledging policyCompany prohibits hedging, short sales, options in company stock, margin accounts, and pledging by directors

Fixed Compensation (Director — 2024)

ComponentAmount (USD)Notes
Fees earned or paid in cash$20,000
Stock awards (grant-date fair value)$20,000
Board service subtotal$40,000 (cash + stock)
Committee fees$0 (not listed as member/chair in 2024)
Other consulting services$63,000
Total$103,000
Option awards outstanding2,000 options at year-end (outstanding)

Directors are compensated per meeting with a mix of cash and stock: $10,000 per quarterly meeting, $10,000 for committee chairs, $5,000 for committee members; the Compensation Committee determines cash vs. stock mix .

Performance Compensation (Director — 2024)

MetricStructureDisclosure
Annual equity grantStock awards to directorsGrant-date fair value $20,000 (not performance-based)
OptionsLegacy/standing options outstanding2,000 options outstanding; no 2024 repricings disclosed
Performance metrics (revenue, EBITDA, TSR, ESG)Not applicable to director compensationNo performance-tied metrics disclosed for directors

Other Directorships & Interlocks

CategoryDisclosure
Current public company boardsNone disclosed in proxy bio
Prior public company leadershipMedia Arts Group (NYSE-listed) Chairman & CEO (2001–2004)
Interlocks with suppliers/customersNone disclosed for Thomopoulos

Expertise & Qualifications

  • Entertainment industry leadership across studios and television; former Chairman (United Artists) and President (Amblin Television) .
  • Public company C-suite experience (Media Arts Group) .
  • Governance and civic service (Georgetown University Board; California Service Corps Commissioner) .
  • Education: Degree in Foreign Service, Georgetown University .
  • Independent director under NYSE American rules .

Equity Ownership

ItemAmountNotes
Shares owned directly81,891
Options exercisable (≤60 days)2,000
Total beneficial ownership83,891
Percent of class<1% (asterisk indicates less than 1%)
Pledging/HedgingProhibited by company Trading Policy for directors
Ownership guidelinesNo director ownership guideline disclosure identified in proxy

Governance Assessment

  • Board effectiveness and engagement: Thomopoulos is Vice Chair, classified independent, and no directors fell below 75% attendance in 2024, supporting baseline engagement standards .
  • Committee influence: He did not serve on Audit, Compensation, Nominating, or Investment Committees in 2024, limiting direct oversight in these areas; committee chairs are Segall (Comp/Nom) and Sicignano (Audit) .
  • Alignment and incentives: Beneficial ownership is <1% (83,891 shares including options); directors receive modest annual stock awards, but no performance-based metrics are disclosed for director compensation .
  • Potential conflicts and red flags:
    • Consulting fees: $63,000 in “other consulting services” were paid to Thomopoulos in 2024, alongside director fees. While the Board considers him independent, paid consulting to a sitting director can raise perceived independence or conflict concerns for investors .
    • Section 16(a) timeliness: Multiple late Form 4 filings (Mar 22, 2024; May 8, 2024; Nov 8, 2024; Jan 17, 2025) are a compliance red flag that may affect confidence in individual reporting controls .
    • Risk controls: The company’s Trading Policy prohibits hedging and pledging, which is positive for alignment; executive incentive clawback policy is adopted, and plan terms allow clawback, supporting governance rigor (though executive-focused) .

Insider Trades and Section 16(a) Compliance

DateFiling issueNotes
Mar 22, 2024Late Form 4One transaction filed late
May 8, 2024Late Form 4One transaction filed late
Nov 8, 2024Late Form 4One transaction filed late
Jan 17, 2025Late Form 4One transaction filed late

Related Party Transactions

  • No related-party transactions disclosed for Thomopoulos above SEC thresholds; company disclosed a separate related-party license with AHAA (Andy Heyward) and a shareholder loan to Your Family Entertainment AG involving former director Dr. Stefan Piëch; Thomopoulos not party to these .

Compensation Structure Notes

  • Director pay combines cash and stock per meeting and committee service; Thomopoulos earned $40,000 for Board service in 2024 (split $20,000 cash, $20,000 stock) and $63,000 for consulting; 2,000 options outstanding at year-end .
  • No discretionary or performance-tied director incentive metrics are disclosed; no director-specific severance, change-in-control, or tax gross-ups disclosed .

Say-on-Pay & Shareholder Feedback

  • 2024 Annual Meeting results disclosed director elections and plan amendments; no separate say‑on‑pay proposal reported. All director nominees were elected; incentive plan increase was approved .

Summary Implications for Investors

  • Independence is formally affirmed, but paid consulting to a sitting director and repeated late SEC ownership filings are notable governance risk indicators that may affect investor confidence in board oversight and individual compliance rigor .
  • Limited committee membership reduces direct influence over audit and compensation oversight; beneficial ownership is modest (<1%), though hedging/pledging prohibitions and equity awards provide some alignment .