AJ Redmer
About AJ Redmer
AJ Redmer serves as an independent director of TruGolf Holdings, Inc. (TRUG). He is 62 and currently CEO and Managing Director of Redmer Productions LLC, with more than 25 years of leadership in video game franchise development and platform launches (SimCity, Star Wars, Pokémon, Flight Simulator, Age of Empires, Forza Motorsport; senior roles at Nintendo and Microsoft influencing original Xbox and Xbox 360) . He is listed as a director in TRUG’s Form S-3 signatures as of November 17, 2025 .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Redmer Productions LLC | Chief Executive Officer & Managing Director | Not disclosed | Executive leadership in entertainment production |
| Redmersoft (founded within Lucasfilm’s Skywalker Ranch) | Founder | Founded 1986 | Evolved into Maxis Software; franchise development |
| Maxis Software Corporation | Senior management (evolved from Redmersoft) | Not disclosed | Franchise creation (SimCity) |
| Lucasfilm Ltd. | Senior management | Not disclosed | Oversaw entertainment IP development |
| Spectrum Holobyte | Senior leadership | Not disclosed | Game portfolio leadership |
| Nintendo | Senior leadership | Not disclosed | Console/game franchise strategy |
| Microsoft (Xbox) | Senior leadership | Not disclosed | Key role in original Xbox/Xbox 360 |
| WeMade Entertainment USA, Inc. | Chief Executive Officer | Not disclosed | U.S. operations leadership |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Redmer Productions LLC | CEO & Managing Director | Current | Entertainment production leadership |
No other public company directorships are disclosed for AJ Redmer in available filings .
Board Governance
- Independence status: AJ Redmer is identified as an independent director of TRUG .
- Controlled company: TRUG expects to qualify as a controlled company under Nasdaq due to concentrated voting power, enabling exemptions from certain independence requirements for nominating and compensation committees (still must maintain an audit committee) .
- Indemnification: TRUG’s certificate of incorporation provides broad director indemnification and advancement; company maintains D&O insurance and separate indemnification agreements with directors .
- Clawback policy: TRUG adopted a Dodd‑Frank Restatement Recoupment Policy covering executive officers (recovers incentive‑based compensation upon a required restatement); this signals governance controls, though it applies to executives, not directors .
- Committee assignments, chair roles, and attendance: Not disclosed in available filings; the FY24 10‑K defers director and governance details to a proxy not included here .
Fixed Compensation
- Non‑employee director pay policy: TRUG states intent to adopt a non‑employee director compensation policy, including cash and equity components, but no specific retainer/fee levels or grant details are disclosed in available filings .
- Specific cash retainers, committee fees, or meeting fees for AJ Redmer: Not disclosed .
Performance Compensation
- Equity awards (RSUs/PSUs), option awards, performance metrics, and vesting schedules for AJ Redmer: Not disclosed in available filings .
- Clawbacks for director equity: Company clawback policy references executive incentive compensation (not directors) .
Other Directorships & Interlocks
- Public company boards (current/prior): None disclosed for AJ Redmer .
- Interlocks: No shared directorships with TRUG customers/suppliers/competitors disclosed .
- Private/non‑profit/academic boards: Not disclosed for AJ Redmer .
Expertise & Qualifications
- Deep industry expertise in video games and interactive entertainment; leadership across major franchises and platforms (SimCity, Star Wars, Pokémon, Flight Simulator, Age of Empires, Forza; original Xbox/Xbox 360) .
- Operative and product leadership credibility aligns with TRUG’s virtual golf technology and software orientation .
- Independent director designation supports objective oversight under Nasdaq independence criteria .
Equity Ownership
| Metric | Value | Notes |
|---|---|---|
| Shares beneficially owned (Class A) | 30,000 | As of May 5, 2025 |
| Ownership as % of Class A | <1% | As of May 5, 2025 |
| Ownership as % of total voting power | <1% | Reflects Class B 25:1 voting; as of May 5, 2025 |
| Options (exercisable/unexercisable) | Not disclosed | No footnote indicating options for AJ Redmer |
| Vested vs. unvested shares | Not disclosed | Not provided in beneficial ownership table |
| Shares pledged as collateral | Not disclosed | No pledging disclosure in available filings |
Context on capital structure at record date: 31,417,124 Class A shares (1 vote per share) and 9,999,999 Class B shares (25 votes per share) outstanding as of May 7, 2025 .
Governance Assessment
- Positives:
- Independent director with substantial product/platform expertise relevant to TRUG’s technology roadmap .
- Robust indemnification framework and D&O coverage supports director confidence and recruitment .
- Adoption of executive clawback policy demonstrates governance responsiveness to regulatory requirements .
- Watch‑items / RED FLAGS:
- Controlled company status allows exemptions from certain independent committee requirements, elevating risk of weaker pay/governance checks; specific committee compositions and assignments are not disclosed .
- Significant potential dilution and capital structure changes contemplated (Series A Preferred conversion, reverse split, share authorization increase) may affect investor confidence; while not specific to Redmer, board oversight on capital actions is a key governance signal .
- Limited disclosure on director compensation mix, performance alignment, and attendance hinders assessment of board effectiveness and pay‑for‑performance rigor .
- Conflicts/related party:
- Company representations state no transactions with affiliates except as disclosed; no AJ Redmer‑specific related‑party transactions are disclosed in available filings .
- AJ Redmer’s operating roles (e.g., Redmer Productions LLC) present potential for conflicts only if TRUG engages those entities; no such dealings are disclosed .
Overall implication: Redmer’s independent status and entertainment technology expertise are positives for product and platform oversight. However, TRUG’s controlled company status, pending capital actions, and sparse committee/compensation disclosures increase governance risk perception and make it difficult to evaluate board effectiveness and alignment. Enhanced disclosure on committee assignments, director compensation, and attendance would improve investor confidence .