Perfecto Sanchez
TechTargetAbout Perfecto Sanchez
Perfecto Sanchez (age 41) is an independent director at TechTarget (Informa TechTarget) and member of the Audit and Nominating & Corporate Governance Committees. He previously served on the Former TechTarget Board from January 2022 to December 2024. Sanchez is co‑founder and Chief Growth Officer of Equity Quotient (EQ) since June 2020; a decorated U.S. Army veteran with two combat tours to Iraq; and holds a Bachelor of Math & Science degree from the United States Military Academy at West Point .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Former TechTarget Board | Director | Jan 2022–Dec 2024 | Board service pre-merger; continued as director at Informa TechTarget |
| Chloe’s Soft Serve Fruit Co. | Chief Marketing Officer | 2016–2018 | Helped double distribution and brand awareness |
| The Dannon Company; Kraft Foods | Senior brand/portfolio strategy roles | 2010–2015 | Portfolio, growth and marketing strategy for global brands |
| U.S. Army | Decorated veteran | 2 combat tours to Iraq | Leadership, complex project management experience |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Equity Quotient (EQ) | Co‑founder & Chief Growth Officer | Jun 2020–present | ESG/impact analytics platform; co‑founded EQ with TTGT director Christina Van Houten (interlock) |
| Keep The Change | Founder & CEO | 2014–present | For‑purpose marketing consultancy |
| Lifeway Foods, Inc. (Nasdaq: LWAY) | Director | Aug 2022–present | Public company board service (committees not disclosed) |
| Build in Tulsa | Advisor | Current | Ecosystem for Black multi‑generational wealth |
| International Crisis Group | Advisor | Current | Advisory role |
Board Governance
- Independence: The Board determined Sanchez is independent under Nasdaq rules; he serves on committees comprised solely of independent directors (Audit; Nominating & Corporate Governance) .
- Committee assignments:
- Audit Committee: Member; audit committee responsibilities include auditor oversight, financial reporting, internal controls, cybersecurity program oversight; the Audit Committee report is signed by Sanchez (member) .
- Nominating & Corporate Governance Committee: Member; committee is chaired by Mary McDowell; responsible for Non‑Ivory director nominations and governance criteria .
- Attendance: In 2024, Former TechTarget’s Board held 8 meetings and the current Board held 1 meeting; each director attended at least 75% of Board and committee meetings on which they served .
- Governance context: TTGT is a “Controlled Company” under Nasdaq due to Informa’s majority ownership; as such, the Compensation Committee is not fully independent and certain controlled company exemptions are utilized .
- Indemnification: Standard indemnification agreements in place for directors under Delaware law .
Fixed Compensation
2024 non‑employee director compensation (Former TechTarget pre‑Closing):
| Component | Amount (USD) |
|---|---|
| Fees earned or paid in cash | — |
| Stock awards (RSUs) – grant date fair value | $40,013 |
| Option awards – grant date fair value | $151,050 |
| Total | $191,063 |
Notes:
- RSU accounting per ASC 718; as of Dec 31, 2024 Sanchez had 0 unvested RSUs .
- Committee chair/member fees not specified for Sanchez; cash retainer not paid in 2024 (shown as “—”) .
Performance Compensation
| Element | Metric/Terms | Grant/Action | Status |
|---|---|---|---|
| Stock options | Automatic grant of options to purchase 5,000 shares of Former TechTarget common stock | Granted June 4, 2024 under Former TechTarget 2024 Director Compensation Plan and 2017 Stock Option & Incentive Plan | All Former TechTarget option awards outstanding and unexercised immediately prior to Dec 2, 2024 vested in full at Effective Time; no unvested options outstanding at Dec 31, 2024 |
| RSUs | Annual director RSUs (value basis) | $40,013 grant date fair value in 2024 | 0 unvested RSUs at Dec 31, 2024 |
| Performance metrics tied to director pay | Not disclosed | N/A | N/A (no performance conditions disclosed for director equity grants) |
Other Directorships & Interlocks
| Company | Type | Role | Interlock/Context |
|---|---|---|---|
| Lifeway Foods, Inc. (LWAY) | Public | Director (since Aug 2022) | External public board service |
| Equity Quotient (EQ) | Private/Tech | Co‑founder & CGO | Co‑founded with TTGT director Christina Van Houten (potential information flow/interlock) |
Expertise & Qualifications
- Education: Bachelor of Math & Science, United States Military Academy at West Point .
- Military service: Decorated U.S. Army veteran, two combat tours to Iraq .
- Domain experience: Brand/growth strategy (Dannon, Kraft), go‑to‑market leadership (Chloe’s CMO), social impact and ESG analytics (EQ), entrepreneurial leadership (Keep The Change) .
- Audit committee work includes oversight of financial reporting, internal controls, auditor independence, and cybersecurity program elements .
Equity Ownership
| Metric | Value |
|---|---|
| Shares beneficially owned | 8,896 (less than 1%) as of May 30, 2025 |
| Shares outstanding reference | 71,489,000 as of May 30, 2025 |
| Unvested RSUs outstanding (12/31/24) | 0 |
| Unvested options outstanding (12/31/24) | 0 |
| Hedging/Pledging policy | Hedging and pledging prohibited except in limited circumstances under Insider Trading Policy |
Governance Assessment
- Board effectiveness: Sanchez’s dual committee roles (Audit and Nominating & Corporate Governance) and signed Audit Committee report indicate active engagement in financial oversight and governance processes, including cybersecurity control oversight—a positive signal for risk management .
- Independence and attendance: Formally designated independent; attended at least 75% of Board/committee meetings in 2024, meeting governance expectations .
- Compensation alignment: 2024 director pay skewed heavily to equity ($191,063 total with $151,050 options, $40,013 RSUs), fostering alignment; no cash fees in 2024. Options granted June 4, 2024 vested upon Closing on Dec 2, 2024, which is standard under transaction terms; no performance metrics tied to director equity disclosed .
- Ownership: Beneficial ownership of 8,896 shares (<1%); no unvested RSUs or options at year‑end; hedging/pledging prohibited, reducing misalignment risk .
- Conflicts/related‑party exposure: No “golden leash” arrangements; however, TTGT is a Controlled Company with extensive intercompany agreements and Informa consent rights, which concentrates governance power and reduces committee independence (Compensation). Sanchez’s co‑founding of EQ alongside fellow director Christina Van Houten is an interlock; no TTGT related‑party transactions with EQ disclosed .
- RED FLAGS:
- Controlled Company exemptions impacting compensation committee independence and majority independence of the Board .
- Extensive Informa consent rights over material actions and board composition heighten governance risk for minority shareholders .
- Director interlock via EQ with Christina Van Houten; monitor for potential conflicts if TTGT were to engage EQ commercially (no such transactions disclosed) .
Overall, Sanchez presents solid governance credentials with audit and nom/gov committee engagement, equity‑heavy director pay, and compliance with independence standards; key governance risks arise from TTGT’s Controlled Company status and Informa’s broad consent rights rather than Sanchez‑specific conflicts .