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Mary McDowell

Chairperson of the Board at TechTargetTechTarget
Board

About Mary McDowell

Mary McDowell (age 60) is the independent Chairperson of the Board of TechTarget (Informa TechTarget) and chairs the Nominating & Corporate Governance Committee. She has 30+ years of technology operating experience, including CEO roles at Mitel Networks and Polycom, senior leadership at Nokia, and earlier roles at Compaq and Hewlett-Packard; she holds a B.S. in Computer Science from the University of Illinois Grainger College of Engineering . She became independent Chair on December 2, 2024, and is classified by TTGT’s Board as an independent director under Nasdaq standards .

Past Roles

OrganizationRoleTenureCommittees/Impact
Mitel NetworksPresident & CEO; later Chair of the BoardCEO Oct 2019–Jan 2021; Chair Jan 2021–Dec 2022Led global communications company through strategic shift .
PolycomCEO and DirectorPrior to Mitel (dates not specified)Led strategic transformation culminating in sale to Plantronics .
Siris CapitalExecutive PartnerPrior to PolycomPrivate equity operating expertise .
NokiaExecutive Vice PresidentPrior to SirisLed large global devices/software businesses .
Compaq/Hewlett-PackardSenior positionsEarly careerEnterprise hardware/operations leadership .
Informa plcNon-Executive Director; Senior Independent DirectorPrior to TTGT rolePublic board and governance experience .

External Roles

CompanyRoleCommittees/NotesEvidence
Arrow Electronics (NYSE: ARW)Independent Director (since 2023)Member: Audit; CompensationSEC DEF 14A shows “Independent Director” and committee memberships (M) for Audit and Compensation .
Zebra Technologies (NASDAQ: ZBRA)Independent Director (effective Jul 25, 2025)Member: Audit CommitteeZebra press release announcing appointment and Audit Committee role .
Autodesk (NASDAQ: ADSK)Independent Director (2010–2025); Chair, Compensation & HR Committee through May 2, 2025Not seeking re-election at 2025 AGMAutodesk press release/8-K and 2025 proxy noting step-down and CHRC chair service .

Board Governance

  • Roles and independence: McDowell serves as independent Chair and Chair of the Nominating & Corporate Governance Committee; TTGT’s Board affirms her independence under Nasdaq rules .
  • Committee assignments (TTGT):
    • Nominating & Corporate Governance: Chair (Independent)
    • Audit: Not a member
    • Compensation: Not a member .
  • Attendance: In 2024, each director attended at least 75% of Board and applicable committee meetings; Former TechTarget’s board held 8 meetings and the new TTGT board held 1 meeting in 2024 .
  • Leadership structure and duties: As Chair, McDowell sets Board agendas, presides over meetings and independent director executive sessions, oversees potential conflicts, serves as principal liaison with management, and manages stakeholder communications to the Board .
  • Controlled Company framework: Informa beneficially owns ~58% of shares and TTGT avails itself of Nasdaq “Controlled Company” exemptions; the Compensation Committee includes two Informa executives (Ashford, Carter) alongside independents (Chair Flaschen; Van Houten), which is permitted but heightens governance risk; an independent-only Related Party Transactions Committee (RPT Committee) must approve material related-party matters per the Stockholders Agreement .
  • Related-party oversight: Multiple intercompany agreements (e.g., Transition Services, Data Sharing, Registration Rights, Tax Matters) with Informa were executed at closing and require RPT Committee oversight; services incurred totaled ~$1.4M by 12/31/24 under the TSA .
  • Policies: Hedging/pledging of stock is broadly prohibited; limited exceptions for pledging require approval . A Nasdaq-compliant clawback policy was adopted in December 2024; the Compensation Committee found no recoupment was required after restatements related to Informa Tech Digital Businesses .

Fixed Compensation

Component2024 Value/TermsNotes
Chair cash retainer$100,000 annual; 50% paid Dec 2024, remaining 50% payable Aug 2025Approved under 2025 NED Plan .
Chair equity grant7,569 RSUs (granted Dec 2024; vests 100% on first anniversary)Annual equity award for Chair .
2024 reported director comp (McDowell)Cash: $50,000; Stock awards: $150,018; Total: $200,018Fiscal 2024 director compensation table .
Standard director fees (non-Chair)Base retainer $20,000; Board meeting fee $1,500; Committee meeting fee $1,000Applies to other non-employee directors; continues in 2025 .
Committee retainersAudit member $5,000; Compensation member $2,500; Nominating member $2,500; Chair adders: Audit $10,000; Compensation $5,000; Nominating $5,000As per NED Plan .
2025 option grants (non-Chair)5,000 options at fair market value; vest/exercisable at first anniversaryFor non-employee directors, excluding Chair .

Citations: .

Performance Compensation

ItemDetail
Performance-vested director payNone disclosed; director equity is time-based (RSUs for Chair; options for non-Chair) under NED Plan .

Other Directorships & Interlocks

  • Current public boards: Arrow Electronics (Audit; Compensation member) ; Zebra Technologies (Audit Committee) .
  • Former: Autodesk (2010–2025; Chair of Compensation & HR Committee through May 2, 2025; not standing for re-election) .
  • Compensation committee interlocks: TTGT discloses no compensation committee interlocks in 2024 (committee members were not TTGT employees and no cross-company interlocks existed) .

Expertise & Qualifications

  • Deep operating experience in global technology, enterprise communications, and device/software businesses; board leadership including independent chair roles .
  • Governance experience as Senior Independent Director at Informa plc .
  • Technical education (Computer Science, UIUC), relevant to TTGT’s data/marketing technology domain .

Equity Ownership

MeasureAmountNotes
Common shares beneficially owned (as of May 30, 2025)0 shares; <1%TTGT beneficial ownership table shows “—” for McDowell .
Unvested RSUs outstanding (12/31/2024)7,569 RSUsChair RSUs granted Dec 2024; vests at first anniversary .
Hedging/PledgingProhibited (limited pledge exceptions)Insider Trading Policy .
Most recent insider filingForm 3 filed Dec 3, 2024 (initial statement; no common shares reported at that time)SEC link from insider-trades tool .

Insider Trades (Form 3/4/5)

Filing DateTransaction DateFormInsiderSecurityQtyPost-Transaction OwnershipSource
2024-12-032024-12-02Form 3MCDOWELL MARY T0 common shares reportedInsider-trades tool; SEC filing link .

Note: No open-market purchases or sales for McDowell were returned by the insider-trades query through Nov 20, 2025 (search window 2024-12-01 to 2025-11-20).

Governance Assessment

  • Strengths

    • Independent Chair with explicit responsibilities to set agendas, lead executive sessions, and oversee conflicts—enhancing board effectiveness under a controlled company framework .
    • Independence confirmed; McDowell chairs the Nominating & Corporate Governance Committee comprised solely of independent directors .
    • Robust policies: hedging/pledging restrictions; clawback policy adopted per Nasdaq 5608; related-party transactions overseen by a largely independent RPT Committee .
    • Attendance: Directors (including McDowell) met at least 75% attendance in 2024 .
  • Watch items / potential red flags

    • Controlled Company risks: Informa controls ~58% of shares with consent rights over major actions; Compensation Committee includes two Informa executives, reducing perceived independence of pay decisions, though permitted by Nasdaq exemptions .
    • Ownership alignment: As of the record date, McDowell reported no beneficially owned common shares; while she holds time-based RSUs, near-term “skin-in-the-game” appears limited—an optics issue for an independent chair .
    • Related-party exposure: Multiple intercompany agreements (TSA, Data Sharing, Tax Matters) with Informa necessitate vigilant independent oversight; RPT Committee structure mitigates but execution is key .
    • Multi-board load: Concurrent service at Arrow (Audit/Comp), Zebra (Audit), and until mid-2025 at Autodesk (CHRC chair) may raise time-commitment questions; however, she stepped down from Autodesk in 2025 .
  • Compensation context

    • Director pay mix skews to modest cash plus time-based equity (Chair: $100k cash; 7,569 RSUs in 2024), with no performance-vested director equity disclosed—common but offers limited direct linkage to performance for directors .

Overall implication: McDowell brings strong operating and governance credentials and provides independent board leadership in a controlled company. Key monitoring areas for investors include the independence and rigor of compensation and related-party oversight under Informa’s control, and progress toward greater personal share ownership by the independent Chair to bolster alignment.