SUPPLEMENT TO PROXY STATEMENT
FOR ANNUAL MEETING OF STOCKHOLDERS TO BE HELD JUNE 2, 2022
MAY 9, 2022
EXPLANATORY NOTE
On or about April 15, 2022, Compass, Inc. (the “Company”) commenced mailing to its stockholders a definitive proxy statement, dated April 15, 2022 (the “Proxy Statement”), for the Company’s annual meeting of stockholders to be held on June 2, 2022 (the “Annual Meeting”). This Supplement, which describes the recent appointment of Allan Leinwand to the Board of Directors of the Company (the “Board”) and other related matters, should be read in conjunction with the Proxy Statement.
New Director
On May 6, 2022, the Board appointed Mr. Leinwand to the Board as a Class II director, effective May 10, 2022, with an initial term expiring at the 2023 annual meeting of stockholders of the Company. Mr. Leinwand will not serve on any of the committees of the Board at this time.
| | Allan Leinwand Chief Technology Officer, Spotify Inc. | | | Age: 55 Director since: May 2022 Current Term Expires: 2023 Committees: None | |
Career Highlights
Mr. Leinwand has served as the Chief Technology Officer of Shopify Inc., a provider of internet infrastructure for commerce, since October 2021. Prior to 2021, he served as the Senior Vice President of Engineering at Slack Technologies, Inc., a channel-based messaging platform, from December 2018 to October 2021. Before joining Slack, he was Chief Technology Officer at ServiceNow, Inc., an enterprise cloud company, from August 2012 through December 2018. Prior to that, he served as the Chief Technology Officer of Infrastructure at Zynga Inc., as a venture partner at Panorama Capital, and as an operating partner at JPMorgan Partners. Earlier in his career, he was the founding Chief Executive Officer of Vyatta, Inc., an open-source networking company acquired by Brocade Communications Systems. Mr. Leinwand has served on the board of directors of Anaplan, Inc., a cloud-native platform provider, since February 2020. He previously served on the board of directors of Marin Software, Inc., a provider of digital marketing software, from October 2013 to June 2018. Mr. Leinwand holds a B.S. in Computer Science from the University of Colorado at Boulder. We believe Mr. Leinwand is qualified to serve as a member of our Board because of his deep engineering and technical experience, including his expertise in cloud computing, data security issues and internet architectures, and his leadership experience at high growth companies.
Mr. Leinwand will receive cash compensation and restricted stock until awards for his service on the Board in accordance with the Company’s non-employee director compensation policy as described under “Director Compensation” in the Proxy Statement.
There are no arrangements or understandings between Mr. Leinwand and any other persons pursuant to which he was selected as a director, and there are no related person transactions (within the meaning of Item 404(a) of Regulation S-K) between Mr. Leinwand and the Company. The Board has determined that Mr. Leinwand meets the applicable independence requirements of the New York Stock Exchange.
