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$CDNL
$14.55 +$0.75 (5.43%) Close

Company Executives

$CDNL Management Team

Mr. Jeremy Spivey

Founder

Chief Executive Officer

Director

Age 48
Compensation $130.0K USD
Sex Male

Mr. Mike Rowe

Chief Financial Officer

Age 66
Compensation $120.0K USD
Sex Male

Mr. Benjamin Wood

Chief Operating Officer

Age -
Compensation -
Sex Male

Ms. Tiffany Gidley

General Counsel

Secretary

Age 35
Compensation -
Sex Female

Mr. Erik West

Chief Operating Officer of Cardinal NC

Age 45
Compensation $130.0K USD
Sex Male
Directors
6
serving now
Independent
4 of 6
stated in the proxy
Average tenure
0.8 years
from year joined
CEO also chairs the board
Yes
Jeremy Spivey
Director Age On board Independent Committees Other public boards 2025 pay Source
Jeremy Spivey
49 2025
1 year
Not independent None stated None stated Paid as CEO
Richard M. Lee
61 2025
1 year
Independent None stated None stated $136,227
Austin J. Shanfelter
68 2025
1 year
Independent None stated Orion Group Holdings, Inc. (NYSE: ORN) $136,227
Richard B. Wimmer
71 2025
1 year
Independent None stated None stated $141,225
Anthony L. Wood, Jr.
54 2026
0 years
Not independent None stated None stated Not stated
Ivy Zelman
59 2025
1 year
Independent None stated None stated $128,730

Each director opens the passage of the proxy that names them. "Not stated" means the proxy does not say; it never means "no". Pay is the proxy's Director Compensation table; the CEO is paid as an executive.

Park Towns
related party due to common control by Mr. Spivey
$125,100
year ended December 31, 2025

Company recognized revenue for work performed for Park Towns.

CCCRE Holdings, LLC
an entity owned by Messrs. Spivey, West and Rowe and the mother of Mr. Spivey
Amount not stated
beginning December 1, 2025

Lease with CCCRE Holdings, LLC; Company pays $120,000 per year beginning December 1, 2025.

CCCRE Holdings, LLC
an entity owned by Messrs. Spivey, West and Rowe and the mother of Mr. Spivey
$1,140,000 per year
beginning January 1, 2026

Lease with CCCRE Holdings, LLC; Company pays $1,140,000 per year beginning January 1, 2026.

CCCRE Holdings, LLC
an entity owned by Messrs. Spivey, West and Rowe and the mother of Mr. Spivey
$1,263,667
October 2025

CCCRE repaid in full an outstanding receivable owed to the Company.

Jeremy Spivey
Chief Executive Officer and Chairman of our Board; sold LLC Units through a trust he controls
$83,337,576

Company purchased newly issued LLC Units from Mr. Spivey (via trust) using IPO proceeds.

Erik West
Chief Operating Officer of Cardinal NC; sold LLC Units through a trust he controls
$41,662,488

Company purchased newly issued LLC Units from Mr. West (via trust) using IPO proceeds.

Mike Rowe
Chief Financial Officer; sold LLC Units through a trust he controls
$13,887,489

Company purchased newly issued LLC Units from Mr. Rowe (via trust) using IPO proceeds.

Director of Operations
father of Jeremy Spivey, our Chief Executive Officer
$410,200
2025

Employment of the Company's Director of Operations, with 2025 total cash compensation.

Continuing Equity Holders
including Messrs. Spivey, West and Rowe
Amount not stated

Limited liability company operating agreement of OpCo entered in connection with the IPO.

With Company and OpCo Open in proxy
Continuing Equity Holders
Continuing Equity Holders, who are members of OpCo
Amount not stated

Tax Receivable Agreement under which the Company pays Continuing Equity Holders 85% of certain tax savings.

With OpCo Open in proxy
Continuing Equity Holders
Continuing Equity Holders, including Messrs. Spivey, West and Rowe
Amount not stated

Registration Rights Agreement under which the Company agrees to register resale of Class A Common Stock held by Continuing Equity Holders.

With Company Open in proxy

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