Alan B. Offenberg served as the CEO of Compass Diversified Holdings (CODI) from 2011 to 2018, leading the company for a significant part of its growth. Notably, he was seconded to CODI by its Manager, which means his compensation came...
Alan B. Offenberg served as the CEO of Compass Diversified Holdings (CODI) from 2011 to 2018, leading the company for a significant part of its growth. Notably, he was seconded to CODI by its Manager, which means his compensation came indirectly through management fees rather than a direct salary. This structure emphasizes how his role was pivotal but different from traditional executive positions where CEOs earn direct salaries and bonuses. Alan has an extensive background in finance, which aligns well with the company’s focus on diversified investments. During his tenure, he also had an interest in the company's performance through cash distributions linked to his ownership in the Manager. After a solid 20-year run with the company and its Manager, he decided to step down for personal reasons, showing a commitment to balance both his career and personal life. His time at CODI was marked by strategic decisions that shaped the company’s direction and aligned with shareholder interests.