Nina Achadjian
About Nina Achadjian
Nina Achadjian (age 39 as of May 5, 2025) is an independent Class III director of ServiceTitan (TTAN) who has served since November 2018; her current term expires in 2027 . She is a Partner at Index Ventures (Partner since April 2020; investor since October 2017), previously held an operating role at Google, and began her career in sales and trading at Citigroup; she holds a B.A. in Government from Harvard University . The board has determined she is independent under Nasdaq rules, and she serves on committees meeting enhanced independence standards .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Google LLC | Operating role | Not disclosed | Not disclosed |
| Citigroup Inc. | Sales and Trading | Not disclosed (began career) | Not disclosed |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Index Ventures | Partner (Investor since Oct 2017; Partner since Apr 2020) | Oct 2017–present; Partner since Apr 2020 | VC investing, technology expertise |
| Transcend, Inc. | Director | Not disclosed | Not disclosed |
| Motive Technologies, Inc. | Director | Not disclosed | Not disclosed |
| Persona Identities, Inc. | Director | Not disclosed | Not disclosed |
| Seso Inc. | Director | Not disclosed | Not disclosed |
| Shopmonkey, Inc. | Director | Not disclosed | Not disclosed |
| Vizcom Technologies, Inc. | Director | Not disclosed | Not disclosed |
Board Governance
- Committee assignments: Compensation Committee member; Nominating and Corporate Governance Committee member .
- Committee chairs: Michael Brown chairs Compensation; Byron Deeter chairs Nominating and Corporate Governance (Achadjian is a member, not a chair) .
- Independence and enhanced standards: Board determined Achadjian is independent; compensation committee members meet SEC/Nasdaq enhanced independence; Achadjian is a “non-employee director” under Rule 16b-3 .
- Attendance and engagement: Board held six meetings in fiscal 2025; each director attended at least 75% except William Hsu—implies Achadjian met ≥75% attendance .
- Committee activity: Compensation Committee held four meetings in fiscal 2025; Nominating and Corporate Governance Committee was formed in December 2024 and held no meetings in fiscal 2025 .
- Board leadership context: Tim Cabral is Lead Independent Director since November 2024; CEO Ara Mahdessian serves as Chair .
Fixed Compensation
| Component | Program Terms | Achadjian Actual FY2025 |
|---|---|---|
| Annual Cash Retainer | $35,000 per non-employee director | $0 (waived cash compensation) |
| Lead Independent Director | +$20,000 cash retainer | Not applicable |
| Committee Fees (Audit) | Chair $20,000; Member $10,000 | Not applicable (not on Audit) |
| Committee Fees (Compensation) | Chair $15,000; Member $7,500 | $0 (cash waived) |
| Committee Fees (Nominating & Gov.) | Chair $8,000; Member $4,000 | $0 (cash waived) |
| Equity – Initial Grant | $400,000 RSUs; vests quarterly over 4 years | None disclosed in FY2025 |
| Equity – Annual Grant | $200,000 RSUs; 1-year cliff vest | None disclosed in FY2025 |
| Total Director Compensation (FY2025) | Cash + equity per program | $0 total for Achadjian |
Notes: Non-employee director awards vest subject to continued service and lock-up/lquidity constraints post-IPO per program design . Achadjian waived cash compensation under the Director Compensation Program .
Performance Compensation
Directors do not receive performance-based cash bonuses or PSUs linked to operating metrics; no performance metrics or at-risk pay disclosed for non-employee directors in FY2025 .
Other Directorships & Interlocks
| Entity | Relationship | Potential Interlock/Conflict Considerations |
|---|---|---|
| Index Ventures-affiliated funds | Beneficial owner of 1,967,972 Class A shares listed under Achadjian’s entry; shares held by Index funds where she is a partner but she does not hold voting or dispositive power over the funds’ shares | Represents investor-affiliated perspective; voting control resides with fund GPs/boards, mitigating direct conflict |
Expertise & Qualifications
- Venture capital partner with technology industry breadth; current board roles across multiple private SaaS/data companies .
- Prior operating experience at Google and capital markets grounding from Citigroup sales and trading .
- Education: B.A. in Government from Harvard University .
- Board-level independence and service on key governance and compensation committees .
Equity Ownership
| Holder | Class A Shares | Class A % | Voting/Control Notes |
|---|---|---|---|
| Nina Achadjian | 1,967,972 | 2.5% | Shares are held by Index Ventures Growth funds and related vehicles; Achadjian is a partner but does not have voting or dispositive power over these shares (controlled by fund GPs/directors) |
Policy alignment:
- Insider trading policy prohibits hedging and pledging of company securities, promoting alignment with shareholders .
Governance Assessment
- Strengths: Independent director with VC/operator background; active on Compensation Committee (four meetings FY2025) and Nominating & Governance (member), supporting oversight of pay, succession, board composition, and governance policy .
- Alignment signals: Waiver of cash compensation and no FY2025 director equity awards suggests low direct remuneration at TTAN; broader alignment via Index Ventures’ fund ownership (with formal separation of voting control) .
- Engagement: Met board attendance threshold; Nominating Committee inactivity was structural (formed Dec 2024 post-IPO) rather than a participation gap .
- Controls and policies: Clawback policy (Dec 2024) for executive incentive compensation and a strict anti-hedging/anti-pledging policy reinforce governance rigor; Compensation Committee uses independent consultant (Compensia) and meets enhanced independence standards .
RED FLAGS to monitor
- Investor-affiliated director: Index Ventures’ fund ownership connected to Achadjian may present perceived influence; however, she lacks voting/dispositive power over fund shares, and board independence determinations mitigate concerns .
- Committee workload balance: Nominating & Governance held no FY2025 meetings due to timing; ensure adequate cadence for board refresh and evaluation in subsequent periods .