Julie England
TTM TECHNOLOGIESAbout Julie S. England
Independent Class II director of TTM Technologies since October 2016; age 67; presently retired after a 30+ year career at Texas Instruments culminating as VP & GM of the RFID division. Education includes B.S. in Chemical Engineering and graduate studies in business (Texas Tech), executive education at Harvard and Stanford, and a BFA in Studio Art (SMU, 2018); designated NACD Governance Fellow and earned a Certificate in Cybersecurity Oversight (Carnegie Mellon/NACD, 2024) .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Texas Instruments | Vice President & GM, RFID division; VP Microprocessor Division; VP of Quality (Semiconductor Group) | VP Quality 1994–1998; VP Microprocessor 1998–2004; retired 2009 | Led engineering, manufacturing, quality, and business management in semiconductors/RFID |
| Smartrac Technology Group N.V. | Director | 2014–May 2018 | Board service in RFID/IoT components |
| Checkpoint Systems, Inc. | Director; Chair, Governance Committee | 2010–May 2016 (acquired by CCL Industries) | Chaired governance during strategic transition |
| Federal Reserve Bank of Dallas | Director | 1997–2003 | Regional monetary/financial oversight |
| Intelleflex Corporation | Director | 2010–2013 | RFID/asset tracking board service |
| McMillen Jacobs Associates | Director | Jun 2021–Jun 2022 | Engineering firm oversight |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| ERCOT (Electric Reliability Council of Texas) | Director; Chair, Reliability & Markets Committee | Since Jan 2022 | Chairs a critical market and reliability oversight committee |
| Georgia O’Keeffe Museum | Trustee | Ongoing | Non-profit governance |
| NACD North Texas | Prior service | Ongoing/previous | Director professionalism; NACD Governance Fellow |
Board Governance
- Committee assignments: Chair, Nominating & Corporate Governance; Member, Government Security Committee (GSC) .
- Independence: Board determined Ms. England is independent under NASDAQ and SEC standards .
- Attendance and engagement: Board held seven meetings in 2024; all directors attended >75% of board and committee meetings; eight of nine directors attended the 2024 annual meeting .
- Classified board and term: Class II director; term expires at the 2026 annual meeting .
- Security oversight: GSC requires cleared directors due to DCSA SBR; England serves on GSC, reflecting national security/cyber oversight involvement .
Fixed Compensation
| Component | Amount | Notes |
|---|---|---|
| Annual cash retainer | $75,000 | Non-employee director retainer |
| Committee membership fee | $9,000 | Per committee (except GSC has no membership fee); paid for Nominating & Governance membership even as chair |
| Committee chair fee | $17,000 | Nominating & Corporate Governance chair retainer |
| 2024 cash fees earned | $101,000 | Sum reflects retainer + membership + chair fee |
Performance Compensation
| Equity Component | 2024 Value | Key Terms |
|---|---|---|
| RSU award (accounting fair value) | $189,475 | ASC 718 fair value at grant; vests in full on first anniversary; delivery deferred until retirement (or one year after retirement for certain grants) |
| Standard annual RSU policy (for directors) | $160,000 | Award-date value based on six-month average price; Chair of Board receives $210,000 |
| Unvested RSUs at FY24 year-end | 10,723 | Vest on May 9, 2025 |
| Options outstanding | 20,000 | Average remaining life: 4 years; average option price: $14.32 |
Equity delivery deferral and prohibition on hedging/pledging strengthen alignment; directors are barred from hedging/pledging per insider trading and governance policies .
Other Directorships & Interlocks
| Company/Body | Industry Relationship to TTMI | Overlap Risk |
|---|---|---|
| ERCOT | Electric grid operator; regulatory/market oversight | Low direct commercial interlock with TTMI PCB/defense operations; governance/public utility context |
| Prior boards (Checkpoint Systems, Smartrac) | Electronics/RFID adjacent | Former roles; no current interlock exposure |
Expertise & Qualifications
- Technology and electronics manufacturing leadership; RFID, semiconductors, quality systems; Asia experience; cybersecurity oversight certification (Carnegie Mellon, 2024) .
- Corporate governance expertise; NACD Governance Fellow; chaired governance committees externally and at TTMI .
- Government/security oversight via TTMI GSC; familiarity with DCSA/SBR and NIST 800-171 requirements .
Equity Ownership
| Measure | Amount | Notes |
|---|---|---|
| Beneficial ownership (common) | 20,000 shares | Represents vested stock options exercisable currently |
| RSUs vested but deferred | 83,245 shares | Delivery deferred until retirement from TTMI board |
| Unvested RSUs | 10,723 shares | Scheduled to vest May 9, 2025 |
| Options outstanding | 20,000 | Avg strike $14.32; ~4 years remaining life |
| Ownership as % of outstanding | <1% | Based on 101,621,163 shares outstanding |
| Hedging/pledging | Prohibited | Directors/officers barred from hedging/pledging; policy codified |
| Stock ownership guidelines | ≥5x annual cash retainer | All directors except Mr. Ali meet guidelines as of record date; implies Ms. England is compliant |
Governance Assessment
- Strengths: Independent status; chairs Nominating & Governance; service on GSC indicates national security/cyber readiness; board attendance thresholds met; robust director equity deferral and ownership guidelines; prohibitions on hedging/pledging; independent compensation consultant (Exequity) engaged and assessed as conflict-free .
- Shareholder signals: 2024 Say-on-Pay passed with 97.7% support, indicating broad investor approval of compensation practices overseen by the board and HCCC .
- Potential conflicts/RED FLAGS: No specific related-party transactions involving Ms. England identified in the sections reviewed; TTMI policies require audit committee/independent director approval for any director-related monetary engagements and mandate conflict reporting, recusal, and abstention protocols . No evidence of option repricing, tax gross-ups, or hedging/pledging by directors; TTMI prohibits these practices .