Margaret Loesch
About Margaret Loesch
Independent director at Kartoon Studios (TOON) since March 2015. Age 78 as of the 2025 proxy; Bachelor of Science from the University of Southern Mississippi. Former Executive Chairman of Kartoon Channel! (June 2020–Dec 31, 2022) and Executive Chairman of Toon Media Networks (Dec 2016–Dec 31, 2022), with a 40-year career leading major children/family programming businesses including The Hub Network, Fox Kids Network, Hallmark Channel, Marvel Productions, and The Hatchery .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| The Hub Network | Chief Executive Officer and President | 2009–2014 | Company previously provided The Hub Network with certain children’s programming |
| The Hatchery | Co–Chief Executive Officer | 2003–2009 | Family entertainment and consumer products |
| Hallmark Channel | Chief Executive Officer | 1998–2001 | Family-related cable channel |
| Fox Kids Network | Chief Executive Officer | 1990–1997 | Children’s programming block |
| Marvel Productions | Chief Executive Officer | 1984–1990 | TV and film studio subsidiary of Marvel Entertainment Group |
| Kartoon Channel! | Executive Chairman | Jun 2020–Dec 31, 2022 | Oversight of channel initiatives |
| Toon Media Networks | Executive Chairman | Dec 2016–Dec 31, 2022 | Leadership of media network |
External Roles
| Category | Details |
|---|---|
| Current public company boards | None disclosed in TOON proxy for Ms. Loesch |
| Prior public company boards | Not listed in TOON proxy biography |
Board Governance
| Item | 2024 | 2025 |
|---|---|---|
| Independence status | Independent director (NYSE American) | Independent director (NYSE American) |
| Board committees | Compensation Committee member | Compensation Committee member |
| Committee chair roles | None; Compensation Committee chaired by Lynne Segall | None; Compensation Committee chaired by Lynne Segall |
| Board meetings held | 4 | 6 |
| Committee meetings held | Audit 4; Compensation 1; Nominating 1; Investment 1 | Audit 4; Compensation 1; Nominating 1; Investment 1 |
| Attendance | No director attended fewer than 75% of Board and committee meetings in FY2024 (applies to Loesch) | |
| Compensation consultant | Zayla Partners engaged in 2024; independence assessed, no conflicts | |
| Hedging/pledging policy | Prohibits hedging, short sales, publicly traded options, margin accounts, and pledging |
Fixed Compensation
| Metric | 2023 | 2024 |
|---|---|---|
| Fees Earned or Paid in Cash ($) | 18,500 | 22,500 |
| Stock Awards ($) (grant date fair value) | 27,500 | 22,500 |
| Total ($) | 46,000 | 45,000 |
| Director pay structure | $10,000 per quarterly meeting; $10,000 committee chair; $5,000 committee membership | $10,000 per quarterly meeting; $10,000 committee chair; $5,000 committee membership |
Performance Compensation
| Metric | 2023 | 2024 |
|---|---|---|
| Options outstanding (#) | — | 2,000 options outstanding at FY2024 year-end |
| Equity award design | Stock awards granted for director service; fair value disclosed; no performance metrics tied to director equity disclosed |
No performance-based vesting metrics are disclosed for director equity awards; director compensation is a mix of fixed cash fees and stock awards determined by the Compensation Committee .
Other Directorships & Interlocks
| Topic | Detail |
|---|---|
| Shared directorships with competitors/suppliers/customers | Not disclosed for Ms. Loesch |
| Historical business links | Company previously provided children’s programming to The Hub Network during her tenure there |
Expertise & Qualifications
- 40 years leading major children/family programming networks (Hub, Fox Kids, Hallmark, Marvel), bringing deep industry operating experience .
- Independent status under NYSE American and SEC rules .
- Member of Compensation Committee; governance exposure to executive/director pay policy and consultant oversight .
- Education: Bachelor of Science, University of Southern Mississippi .
Equity Ownership
| Metric | Record Date | Shares | Options | Percent of Class |
|---|---|---|---|---|
| Beneficial ownership (FY2024 proxy) | Apr 1, 2024 | 19,215 (15,416 common + 1,799 additional common) | 2,000 | Not specified; “<1%” footnote applies generally |
| Beneficial ownership (FY2025 proxy) | Mar 17, 2025 | 52,563 (50,563 common) | 2,000 | * (less than 1%) |
Company policy prohibits holding Company securities in margin accounts or pledging as collateral, and prohibits hedging transactions, supporting alignment with long-term shareholder interests .
Governance Assessment
- Committee assignments and independence: Loesch is an independent director with Compensation Committee membership, providing oversight on pay policy and consultant engagement; Zayla Partners was engaged in 2024 with no conflicts identified .
- Attendance and engagement: Board met more frequently in 2024 (6 meetings); she met at least the 75% attendance threshold across Board/committee meetings, indicating baseline engagement .
- Compensation and alignment: Modest director compensation ($45,000 in 2024) split between cash and stock awards; 2,000 options outstanding at year-end 2024; equity-linked pay supports alignment without disclosed performance metric requirements for directors .
- Potential conflicts: Prior executive roles within Kartoon (through end of 2022) are noted, but the Board designates her independent under NYSE American; no related-party transactions disclosed for Loesch in the “Certain Relationships” section .
- Risk indicators: The 2023 proxy reported multiple late Section 16 Form 4 filings across several directors, including Ms. Loesch (one Form 4 covering three transactions filed late), a procedural red flag though not indicating misconduct; 2024 proxy notes improved timeliness generally but cites late filings for other directors in 2024 .
Signals for investors: Experienced children’s media operator with independent status and Compensation Committee involvement; pay is modest and equity-linked; attendance meets governance expectations; no disclosed related-party conflicts tied to Loesch; procedural compliance on insider filings saw a late Form 4 in 2023, worth monitoring for governance hygiene going forward .