Anthony Eisen
About Anthony Eisen
Anthony Eisen (age 53) joined XYZ’s Board on February 6, 2025 as a Class III director with a current term expiring in 2027. He is CEO and Chairman of Reshop US, Inc. (since January 2025), co‑founded Afterpay in 2014 and served as its co‑CEO until Block’s 2022 acquisition, then co‑led Afterpay at Block through November 2024; he holds a B.Com (Accounting & Finance) from UNSW and is a Chartered Accountant in Australia . Under his leadership, Afterpay scaled to 400,000+ merchants and 24M+ customers (per company press release) .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Afterpay Limited | Co‑Founder; Co‑CEO; Director | Nov 2014 – Jan 2022 (through Block acquisition) | Built BNPL platform; scaled merchant and customer base |
| Block, Inc. (Afterpay) | Co‑Lead of Afterpay | Jan 2022 – Nov 2024; Consultant until board election | Led integration into Block; transitional consulting support |
| Investment banking/private equity | Senior roles (prior to Afterpay) | Pre‑2014 | Prior experience in finance and investing |
External Roles
| Organization | Role | Since | Notes |
|---|---|---|---|
| Reshop US, Inc. | Chief Executive Officer; Chairman | Jan 2025 – present | Private fintech; Eisen to receive standard director indemnification at XYZ |
| Technology Council of Australia | Board Member | Not specified | Current directorship in industry body |
Board Governance
- Appointment and term: Elected Feb 6, 2025 as a Class III director; current term ends 2027 .
- Committee assignments: Not expected to serve on any Board committees at time of appointment .
- Independence: Not classified as independent under NYSE standards as of the 2025 proxy (board states all current directors other than Carter, Dorsey, Eisen, McKelvey are independent) .
- Board/committee composition: All board committees (Audit & Risk; Compensation; Nominating & Corporate Governance) are 100% independent per governance highlights; Nominating & Governance is chaired by Randall Garutti (members: Brooks, Narula, Garutti) .
- Attendance: In 2024 the Board held four meetings and each director (serving then) attended at least 75% of board and committee meetings for their period of service; Eisen was not yet a director in 2024 .
- Indemnification: Executed the company’s standard form of director indemnification agreement .
- Ownership alignment: Directors must hold shares equal to 5x annual cash retainer within five years of election; until met, must retain 50% of net shares from new awards; as of Dec 31, 2024, all non‑employee directors were on track or in compliance .
- Hedging/pledging: Policy prohibits hedging, short sales, options, pledging, and margining of company stock by directors and employees .
Fixed Compensation
| Component | 2024 Policy | 2025 Amended (Effective Apr 1, 2025) | Notes |
|---|---|---|---|
| Annual Cash Retainer | $40,000 | $50,000 | Standard for outside directors |
| Audit & Risk – Chair Retainer | $20,000 | $35,000 | |
| Compensation – Chair Retainer | $15,000 | $25,000 | |
| Nominating & Gov – Chair Retainer | $10,000 | $20,000 | |
| Audit & Risk – Member Retainer | $10,000 | $17,500 | |
| Compensation – Member Retainer | $5,000 | $12,500 | |
| Nominating & Gov – Member Retainer | $2,500 | $10,000 |
- Directors may elect to convert quarterly cash retainers into fully‑vested RSUs granted the first business day after each fiscal quarter; RSUs equal the cash amount divided by the quarter‑end share price .
- Eisen will receive standard non‑employee director compensation under this policy .
Performance Compensation
| Equity Award Type | Grant Value | Vesting | Other Terms |
|---|---|---|---|
| Annual RSUs (2024 policy) | $250,000 grant date fair value | Vest on the earlier of 1‑year from grant or next annual meeting, subject to service | Lead Independent Director receives an additional $70,000 RSUs on same vesting schedule |
| Annual RSUs (Amended Apr 1, 2025) | $275,000 grant date fair value | Same as above | |
| Initial RSUs for new outside directors | Pro‑rated value equal to $250,000 (increased to $275,000 as of Apr 1, 2025) times fraction based on months since last annual meeting | Vest on earlier of 1‑year from grant or next annual meeting, subject to service | If appointed on the annual meeting date, only annual award is granted |
| Change in Control | — | — | Director RSU awards become fully vested upon a “change in control” as defined in the plan |
Performance metrics: Director equity awards are time‑based RSUs as described; no performance conditions are specified for director awards .
Other Directorships & Interlocks
| Company/Organization | Public/Private | Role | Interlocks/Conflicts Disclosure |
|---|---|---|---|
| Technology Council of Australia | — | Director | Not a related‑party transaction with XYZ disclosed |
| Reshop US, Inc. | Private | CEO & Chairman | 8‑K states no Item 404(a) related‑party transactions; no arrangement/understanding for selection as director |
Expertise & Qualifications
- Fintech and BNPL expertise as Afterpay co‑founder and co‑CEO; co‑led Afterpay within Block post‑acquisition .
- Financial credentials: B.Com in Accounting & Finance (UNSW); Chartered Accountant in Australia .
- Scale/operations track record: Grew Afterpay to 400k+ merchants and 24M+ customers globally (press release) .
Equity Ownership
| Security Class | Shares Beneficially Owned | Percent of Class |
|---|---|---|
| Class A Common Stock | 2,163,187 | <1% (“*” as disclosed) |
- No Class B holdings disclosed for Eisen in the beneficial ownership table .
- Company policy prohibits hedging and pledging of company stock by directors .
- Director stock ownership guideline: 5x annual cash retainer within five years of election; retention requirement until met .
Say‑on‑Pay & Shareholder Feedback (Context)
| Proposal | For | Against | Abstain | Broker Non‑Votes |
|---|---|---|---|---|
| Advisory Vote on NEO Compensation (2025) | 917,712,092 | 23,009,095 | 985,655 | 67,976,578 |
Governance Assessment
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Strengths
- Deep fintech/BNPL operating experience and prior integration leadership should enhance board oversight of Afterpay, Cash App, and consumer credit strategy .
- Significant equity component to director pay and robust ownership guidelines support alignment; hedging/pledging prohibitions further protect alignment .
- No Item 404(a) related‑party transactions and no family relationships disclosed at appointment; standard indemnification in place .
-
Watch Items / RED FLAGS
- Independence: Eisen is not deemed independent under NYSE standards as of the 2025 proxy; while board committees remain fully independent, his non‑independent status modestly reduces independent representation (6 of 10 directors independent at that time) .
- Change‑in‑control vesting: Director RSUs fully accelerate upon a change in control, which some investors view as a potential entrenchment or pay‑for‑failure risk factor even if common market practice .
- Committee engagement: At appointment, he was not expected to serve on any committees, limiting direct committee‑level oversight impact in the near‑term .
-
Overall Implication
- Eisen adds relevant operating and fintech expertise, with solid alignment mechanisms and no related‑party conflicts disclosed; the primary governance consideration is his current non‑independent status and lack of committee assignments, which investors may monitor alongside future attendance and engagement disclosures .