Becky Kryger
About Becky Kryger
Becky Kryger is an independent director of Weyco Group, Inc., appointed effective July 31, 2025, with a term expiring at the 2026 Annual Meeting. She serves on the Audit, Compensation, and Nominating & Corporate Governance Committees, and the Board affirmatively determined she is independent under Nasdaq standards. Her background spans global finance leadership roles, including VP & Global Controller of Clarios since 2019, senior finance roles at Johnson Controls (EMEA in Germany and North America), and prior experience at Arthur Andersen. The Board increased from six to seven directors concurrent with her appointment, strengthening independent oversight following a 2025 independence deficiency disclosure.
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Clarios | Vice President & Global Controller | 2019–present | Global financial reporting and controls; mobility battery technologies |
| Johnson Controls | Executive Director, Global Business Finance | 2017–2019 | Corporate finance leadership |
| Johnson Controls | Finance Director, EMEA (Germany-based) | 2015–2017 | Regional finance leadership; international operating experience |
| Johnson Controls | Finance Director, North America | 2013–2015 | Regional finance leadership |
| Arthur Andersen | Various roles (not specified) | 1998–2002 | Audit/financial advisory background |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| None disclosed | — | — | No other public company directorships disclosed |
Board Governance
- Committee assignments: Audit Committee, Compensation Committee, and Nominating & Corporate Governance Committee; all three committees are composed solely of independent directors per charter and Nasdaq rules.
- Independence: Affirmed independent under Nasdaq standards; appointment increased board size to 7, adding an independent director after a 2025 disclosure that the board was at 50% independence post-Feitler’s resignation.
- Committee chair context: Audit (Chair: Frederick P. Stratton, Jr.), Compensation (Chair: Cory L. Nettles), Nominating & Corporate Governance (Chair: Tina Chang).
- Board/committee activity baseline: In 2024 the Board held four meetings and all directors attended at least 75% of Board and committee meetings; independent directors hold periodic executive sessions. (Kryger joined after 2024.)
Fixed Compensation
| Component | 2024 Program Detail | Vesting/Terms | Notes |
|---|---|---|---|
| Quarterly cash retainer (non-employee directors) | $9,000 per quarter | Cash | Program baseline for director pay mix |
| Restricted stock (non-employee directors) | 1,550 shares granted Aug 26, 2024; grant-date fair value $53,708 ($34.65/share) | Vests ratably over 5 years | Granted under 2024 Incentive Plan |
| Stock options | None granted to directors in 2024 | Company intends to no longer grant options to non-employee directors | Policy statement |
- Per appointment 8-K, Kryger will receive compensation consistent with other non-employee directors: quarterly cash retainer and restricted stock awards under the 2024 Incentive Plan. Specific grant amounts to her were not disclosed at appointment.
Performance Compensation
| Feature | Applied to Directors | Metric Details |
|---|---|---|
| Performance-based cash bonus | Not applicable | Directors receive retainers; no performance cash component disclosed |
| Performance stock/PSUs | Not applicable | Director equity is time-based restricted stock, not performance-conditioned |
| Options tied to performance | Not applicable | Company intends to no longer grant options to non-employee directors |
Other Directorships & Interlocks
| Category | Disclosure |
|---|---|
| Current public company boards | None disclosed |
| Private/non-profit boards | Not disclosed |
| Interlocks with competitors/suppliers/customers | None disclosed; 8-K states no related party transactions reportable under Item 404(a) and no familial relationships |
Expertise & Qualifications
- Finance and accounting expertise from senior leadership roles at Clarios and Johnson Controls; alignment with Audit Committee responsibilities and Nasdaq financial literacy expectations for audit members.
- Global operations and controls exposure (EMEA Germany assignment), valuable for multinational financial oversight and risk management.
- Prior public accounting grounding (Arthur Andersen), strengthening understanding of audit processes and internal controls.
Equity Ownership
| Filing | Date | Title of Security | Amount Beneficially Owned | Ownership Form | Notes |
|---|---|---|---|---|---|
| Form 3 (Initial Statement of Beneficial Ownership) | Aug 1, 2025 | — | No securities beneficially owned | — | Initial filing at appointment; subsequent grants/holdings not disclosed in this filing |
- Company’s insider trading policy: quarterly blackout periods; no formal anti-hedging policy (hedging strongly discouraged); to the company’s knowledge, no hedging transactions by directors/officers/employees.
Governance Assessment
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Board effectiveness: Adding a finance-savvy independent director to all three committees enhances oversight capacity and committee workload coverage; strengthens independence count following prior Nasdaq majority-independence non-compliance disclosure.
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Conflicts and related-party exposure: No related-party transactions involving Kryger; no familial relationships; appointed without any arrangement or understanding, reducing conflict risk.
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Compensation alignment: Director pay mix is conservative—cash retainer plus time-based restricted stock, with an explicit intent to avoid option grants; this lowers risk of misaligned incentives and simplifies pay-for-service structure.
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Risk indicators: The company remediated a 2023 IT general controls material weakness by June 30, 2024, and transitioned auditors to Deloitte for 2025—Kryger’s audit committee role benefits from strengthened controls and refreshed external oversight.
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Policy gaps: Absence of a formal anti-hedging policy is a governance gap; while hedging is discouraged and none are known, formal prohibition is generally preferred by investors.
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Overall signal: Kryger’s deep finance background and committee breadth are positives for investor confidence; independence and clean related-party profile support board integrity, though formalizing anti-hedging would further strengthen governance posture.