John Wilson
About John Wilson
John Wilson, 41, is an independent director of Tigo Energy (TYGO), having served on Tigo’s board since the May 23, 2023 Business Combination (previously a director of Legacy Tigo since December 2020). He is a founding Partner of Energy Growth Momentum LLP (since 2017) with 15+ years’ experience in investment banking and private equity (Simmons & Company, Lime Rock Partners, First Reserve). He holds a MA Joint Honours in Economics & International Relations and a Corporate Finance Diploma (CFQ) from ICAEW/CISI . The board has affirmatively determined that Mr. Wilson is independent under Nasdaq rules .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Simmons & Company | Investment banking roles | Part of “over 15 years” across IB/PE | Corporate finance and strategic planning expertise |
| Lime Rock Partners | Private equity roles | Part of “over 15 years” across IB/PE | Energy/industrial tech investing experience |
| First Reserve | Private equity roles | Part of “over 15 years” across IB/PE | Transactions and portfolio oversight experience |
External Roles
| Organization | Role | Tenure start | Notes |
|---|---|---|---|
| Acoustic Data Ltd. (private) | Director | 2018 | Oilfield technology |
| H2scan Incorporated (private) | Director | 2019 | Hydrogen sensor company |
| Electrical Grid Monitoring Limited (private) | Director | 2021 | Powerline sensor company |
| Power Survey and Equipment Limited (private) | Director | 2023 | Power quality monitoring business |
Board Governance
- Board size and status: 7 directors; Mr. Wilson is a current nominee and continuing director .
- Committee assignments (current): None. He does not serve on Audit, Compensation, or Nominating & Corporate Governance (NCG) committees .
- Independence: Board determined Mr. Wilson is independent under Nasdaq rules (including for committee service) .
- Attendance and engagement: In FY2024 the board met 10 times; Audit 6, Compensation 4, NCG 1. No incumbent director attended fewer than 75% of aggregate board and relevant committee meetings; all directors attended the 2024 annual meeting .
| Committee | Member | Chair |
|---|---|---|
| Audit | — | — |
| Compensation | — | — |
| Nominating & Corporate Governance | — | — |
| Source: 2025 Proxy director committee matrix |
Additional governance policies affecting directors:
- Hedging and pledging: Prohibited for all directors, officers, employees (no margin accounts, no pledging) .
- Executive sessions: Board and each standing committee meet regularly in executive session without management present .
Fixed Compensation
Standard Independent Director Compensation Program (effective since Business Combination):
- Board service cash retainer: $60,000 per year, paid semi-annually .
- Committee chair retainers: Audit $20,000; Compensation $15,000; NCG $10,000 .
- Non-employee chair retainer: $20,000 .
- Lead independent director retainer: $20,000 .
John Wilson – Actual 2024 Director Compensation (as reported):
| Name | Cash Fees ($) | Stock Awards ($) | Total ($) |
|---|---|---|---|
| John Wilson | — | — | — |
| Note: Mr. Wilson declined the RSU grant he otherwise would have been entitled to under the program . |
Performance Compensation
Director equity structure:
- Annual RSU grant value: $125,000; vests in full immediately prior to the next annual meeting, subject to service .
- Initial RSU grant value: $187,500; vests in full on first anniversary of grant .
- Performance metrics: None for directors’ RSUs; awards are time-based (not performance-based) .
- John Wilson: Declined the 2024 RSU grant .
| Component | Design | Vesting | Notes |
|---|---|---|---|
| Annual RSUs | $125,000 value | Full vest just prior to next AGM | Time-based; no performance metrics |
| Initial RSUs | $187,500 value | Full vest on 1-year anniversary | Time-based |
| 2024 RSU (Wilson) | — | — | Declined by Mr. Wilson |
Other Directorships & Interlocks
| Entity | Type | Role/Ownership | Notes |
|---|---|---|---|
| Energy Growth Momentum LLP | Investment firm | Founding Partner | Mr. Wilson’s primary professional role since 2017 |
| Energy Growth Momentum II LP | Shareholder | 14.8% of TYGO common stock | 5%+ holder; EGM II GP is general partner |
| Tigo SPV LP | Shareholder | 8.4% of TYGO common stock | EGM II GP is general partner of Tigo SPV LP |
- Governance note: The board still determined Mr. Wilson to be independent. The presence of large shareholders affiliated with Energy Growth Momentum entities (EGM II LP and Tigo SPV LP) is disclosed; independence was affirmed after review of facts and circumstances .
Expertise & Qualifications
- Corporate finance, strategic planning, and financial services expertise from investment banking and private equity roles .
- Sector exposure to energy and industrial-technology businesses through investing and multiple private company directorships .
- Education: MA Joint Honours in Economics & International Relations; Corporate Finance Diploma (CFQ) (ICAEW/CISI) .
Equity Ownership
Beneficial ownership (as of March 24, 2025):
| Holder | Shares Beneficially Owned | % of Common Stock |
|---|---|---|
| John Wilson | — | — |
Ownership alignment framework:
- Stock ownership guidelines: Non-employee directors must hold stock equal to 2x annual cash retainer; 5-year compliance window; until reaching the requirement, must retain 100% of net shares from company equity awards. As of April 1, 2025, all directors had met the requirement or were within the grace period .
- Hedging/pledging: Prohibited (enhances alignment; bans monetization and margin/pledge risks) .
Governance Assessment
Strengths
- Independence confirmed by the board under Nasdaq rules; no committee service exceptions required .
- Attendance and engagement appear adequate: no director below 75% meeting attendance; all attended 2024 annual meeting .
- Shareholder-aligned policies: strict hedging/pledging prohibition and stock ownership guidelines for directors .
Watch items / potential conflicts
- Committee influence: Mr. Wilson currently serves on no standing committees, limiting direct involvement in audit, compensation, or governance oversight .
- Direct pay/ownership alignment: Reported 2024 compensation was nil, and he declined RSUs; beneficial ownership reported as “—”. While this avoids dilution/perceived entrenchment, it may also reduce direct “skin in the game” unless ownership is established within the guideline window .
- Significant shareholder affiliation: Energy Growth Momentum II LP (14.8%) and Tigo SPV LP (8.4%) are disclosed large holders associated with Energy Growth Momentum (Mr. Wilson’s firm). The board nonetheless affirmed his independence; investors may monitor for related-party dealings or preferential treatment, though none are disclosed regarding Mr. Wilson .
References
- Director biography, roles, education, and age .
- Board composition, independence determination, executive sessions .
- Committee matrix, meetings, and attendance disclosure .
- Director compensation program and 2024 director compensation table .
- Stock ownership guidelines and compliance status .
- Hedging and pledging policy .
- Beneficial ownership table (including Mr. Wilson and 5% holders) .
- Disclosures on EGM II LP and Tigo SPV LP relationships .
- Related-persons disclosure (no Wilson-related transactions identified) .