AlTi Global renews executive employment agreement

AlTi Global, Inc. (ALTI), an investment advisory firm with a market capitalization of $483 million, announced on Thursday that it has renewed the executive employment contract with Colleen Graham, the company’s Chief Legal, Compliance, and Risk Officer. According to InvestingPro data, while the company is currently experiencing cash flow challenges, analysts project a return to profitability in 2025. Under the new agreement, effective May 29, 2025, Ms. Graham will continue her tenure as a full-time officer with an annual base salary of $425,000.

The employment agreement also makes Ms. Graham eligible for an annual bonus, which will be no less than her most recent bonus, contingent upon achieving set performance goals. Additionally, she will have the opportunity to participate in the company’s equity incentive plan and other benefit programs designed for senior executives. This comes as InvestingPro analysis shows the company maintaining a healthy current ratio of 1.56, indicating strong ability to meet short-term obligations despite recent challenges.

Should Ms. Graham’s employment be terminated without cause or if she resigns for good reason, she will be entitled to a severance package. This includes a year’s worth of base salary, any unpaid bonus from the previous year, a cash payment equal to the last bonus received, continued vesting of equity awards, and up to 12 months of company-paid health plan benefits under COBRA.

In the case of termination due to death or disability, Ms. Graham or her beneficiaries will receive a lump sum equal to one year of base salary and a prorated bonus for the year, along with 12 months of health benefits.

The agreement stipulates standard confidentiality, non-solicitation, and non-disparagement clauses. Ms. Graham is required to provide a 180-day notice before any voluntary resignation, with the possibility of a shorter notice period under certain circumstances. The severance benefits are conditional upon her signing a general release of claims.

There is no known family relationship between Ms. Graham and any of the company’s directors or executive officers, nor are there any reported transactions between Ms. Graham and the company that would require disclosure under SEC regulations.

This update is based on a press release statement filed with the SEC.

In other recent news, AlTi Global Inc. reported a 14% year-over-year increase in consolidated revenue, reaching $58 million in the first quarter of 2025. Despite a net loss of $3 million, the company saw a 38% rise in adjusted EBITDA, indicating strong operational efficiency. AlTi Global’s focus on recurring revenue streams, which accounted for 83% of total revenue, contributed significantly to this performance. The company’s Wealth and Capital Solutions segment experienced a 23% revenue boost, driven by a 10% increase in assets under management. AlTi Global also announced the completion of its acquisition of Kontoora, marking its entry into the German market, which is expected to be accretive to EBITDA. Meanwhile, the company has amended its proxy statement for its upcoming annual meeting, clarifying voting rights and quorum requirements. The agenda will include standard corporate governance matters and a proposal to amend the 2023 Stock Incentive Plan. These developments underscore AlTi Global’s strategic initiatives and operational focus as it navigates market volatility and aims for future growth.

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