Erin McGlaughlin
About Erin C. McGlaughlin
Independent director of The York Water Company since 2016 (age 51). She is Chief Operating Officer of Out of the Box Technology, Inc. (outsourced accounting/bookkeeping). Prior roles include COO of myHR Partner (2022–2024), partner at Design Quake (2016–2022), senior management at Mitchco/Rudy Art Glass (2005–2016), Assistant Marketing Manager at General Mills (2004–2005), Manager of Investment Funds at The Carlyle Group (1998–2002), and Senior Auditor at Arthur Andersen (1995–1998). She holds an MBA from Stanford (Arjay Miller Scholar) and is a CPA; she also taught design thinking as an adjunct at York College (2015–2017) .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| myHR Partner, Inc. | Chief Operating Officer | 2022–2024 | COO of outsourced HR services firm |
| Design Quake, Inc. | Partner | 2016–2022 | Strategy/organizational development consultancy |
| Mitchco, Inc. d/b/a Rudy Art Glass | Senior management team | 2005–2016 | Ops exposure in manufacturing/fabrication |
| General Mills | Assistant Marketing Manager | 2004–2005 | Brand/marketing experience |
| The Carlyle Group | Manager of Investment Funds | 1998–2002 | Private equity fund management exposure |
| Arthur Andersen LLP | Senior Auditor (CPA) | 1995–1998 | Audit/financial reporting foundation |
| York College of Pennsylvania | Adjunct Professor (Design Thinking) | 2015–2017 | Innovation/teaching credential |
External Roles
| Organization | Role | Status | Notes |
|---|---|---|---|
| Out of the Box Technology, Inc. | Chief Operating Officer | Current | Outsourced accounting/bookkeeping |
| Private companies and non-profits | Board/member roles | Not specified | Serves/has served on several; not itemized |
Board Governance
- Independence: Board determined Ms. McGlaughlin is independent under Nasdaq standards .
- Committee assignments: Chair, Nomination & Corporate Governance Committee (N&CG). Not listed as a member of Audit, Compensation and Human Capital, or Executive Committees .
- Attendance: All directors attended >75% of Board and committee meetings during 2024; all then-serving directors attended the 2024 annual meeting .
- Years of service: Director since 2016 .
- Executive sessions: Independent directors hold regular executive sessions, led by the Board Chair .
| Committee | Role (Erin) | Meetings FY2024 | Meetings FY2023 |
|---|---|---|---|
| Nomination & Corporate Governance | Chair | 3 | 5 |
| Audit | Not a member | 4 | 4 |
| Compensation & Human Capital (Compensation) | Not a member | 3 | 2 |
| Executive | Not a member | 1 | 1 |
Fixed Compensation
- Director retainer increased to $27,500 per year in 2024; meeting fees per schedule below .
- Erin’s cash fees totaled $35,997 in 2024 and $35,743 in 2023 .
| Component | 2023 | 2024 |
|---|---|---|
| Fees Paid in Cash (Erin) | $35,743 | $35,997 |
| Annual Retainer (all non-employee directors) | $23,500 | $27,500 |
| Meeting Fees | Board | Executive Comm. | Audit | N&CG | Compensation |
|---|---|---|---|---|---|
| Chair | $2,500 | $1,200 | $1,800 | $1,090 | $1,090 |
| Member | $810 | $890 | $950 | $840 | $840 |
Performance Compensation
Directors receive an annual equity grant with immediate vesting; no performance-conditioned metrics for directors’ awards .
| Grant Year | Grant Date | Shares Granted (Erin) | Grant Value | Pricing Basis | Vesting |
|---|---|---|---|---|---|
| 2023 | May 1, 2023 | 107 | $4,518 | Close price $42.22; 75% of 30% of retainer | Vests immediately |
| 2024 | May 6, 2024 | 144 | $5,293 | Close price $36.76; 75% of 30% of retainer | Vests immediately |
Other Directorships & Interlocks
- Current public company boards: None disclosed for Ms. McGlaughlin .
- Interlocks/related-party: No specific related-party transactions disclosed for Ms. McGlaughlin; independence review lists relationships for other directors and concludes noted relationships do not impair judgment, with abstentions on relevant votes .
Expertise & Qualifications
- Finance and accounting (CPA; Arthur Andersen; Carlyle Group); operations and HR leadership (COO roles); strategy and change management (Design Quake) .
- Education: MBA, Stanford (Arjay Miller Scholar) .
- Teaching/innovation: Adjunct in design thinking (York College, 2015–2017) .
Equity Ownership
| Metric | Feb 29, 2024 | Feb 28, 2025 |
|---|---|---|
| Beneficially owned shares (Erin) | 2,361 | 2,567 |
| % of shares outstanding | 0.02% | 0.02% |
| Ownership notes | Shares with shared voting/investment power with spouse | Shares with shared voting/investment power with spouse |
- Ownership guidelines: Non-employee directors must attain and maintain ownership of 3× annual cash retainer within five years; hedging/shorting/pledging prohibited by insider trading policy .
- Compliance status: Proxy does not disclose individual compliance status against the guideline .
Governance Assessment
- Board effectiveness: As N&CG Chair, Ms. McGlaughlin leads nominations, succession planning, and governance best-practice oversight; the committee met three times in 2024 (five in 2023), indicating active governance cadence .
- Independence and conflicts: Board affirmed her independence; no related-party ties disclosed for her—contrast with explicit, limited relationships reviewed for other directors (handled via abstentions and below materiality thresholds) .
- Engagement: Board-wide attendance exceeded 75% in 2024, and directors attended the 2024 annual meeting—positive engagement signal .
- Director pay and alignment: Mix of modest cash retainers and small immediately vesting equity awards fosters alignment with minimal risk-taking incentives; director equity is formulaic (percentage of retainer) with transparent grant dates and pricing .
- Shareholder feedback signals: 2025 Say-on-Pay support was strong (For 8,192,811; Against 430,884; Abstain 90,061; Broker non-votes 2,777,515), and shareholders approved the 2025 LTIP—broad support for compensation/governance framework .
- Risk indicators & red flags: No disclosures of hedging/pledging (prohibited by policy), related-party transactions involving Ms. McGlaughlin, or Section 16(a) delinquencies for her; only two other insiders had delayed Form 4s in 2024 (Brossman, Hand) .
- Overall: Credentials in finance, operations, and governance, combined with independent status and committee leadership, support investor confidence; compensation and ownership policies appear conservative and alignment-focused .