NerdWallet Management
Management criteria checks 2/4
NerdWallet's CEO is Tim Chen, appointed in Mar 2009, has a tenure of 15.17 years. total yearly compensation is $6.55M, comprised of 10.5% salary and 89.5% bonuses, including company stock and options. directly owns 41.21% of the company’s shares, worth €405.45M. The average tenure of the management team and the board of directors is 2.6 years and 3.4 years respectively.
Key information
Tim Chen
Chief executive officer
US$6.5m
Total compensation
| CEO salary percentage | 10.5% |
| CEO tenure | 15.2yrs |
| CEO ownership | 41.2% |
| Management average tenure | 2.6yrs |
| Board average tenure | 3.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -US$12m |
| Dec 31 2023 | US$7m | US$688k | -US$12m |
| Sep 30 2023 | n/a | n/a | -US$600k |
| Jun 30 2023 | n/a | n/a | US$600k |
| Mar 31 2023 | n/a | n/a | US$2m |
| Dec 31 2022 | US$5m | US$625k | -US$10m |
| Sep 30 2022 | n/a | n/a | -US$27m |
| Jun 30 2022 | n/a | n/a | -US$35m |
| Mar 31 2022 | n/a | n/a | -US$40m |
| Dec 31 2021 | US$5m | US$535k | -US$42m |
| Sep 30 2021 | n/a | n/a | -US$38m |
| Jun 30 2021 | n/a | n/a | -US$25m |
| Mar 31 2021 | n/a | n/a | -US$21m |
| Dec 31 2020 | US$534k | US$450k | US$5m |
Compensation vs Market: Tim's total compensation ($USD6.55M) is above average for companies of similar size in the German market ($USD1.28M).
Compensation vs Earnings: Tim's compensation has increased whilst the company is unprofitable.
CEO
Tim Chen (40 yo)
15.2yrs
Tenure
US$6,546,670
Compensation
Mr. Tim Chen co-founded NerdWallet, Inc. in 2009 and has been its Chief Executive Officer since March 1, 2009. He serves as Chairman of NerdWallet, Inc. since September 2021 and has been its Director since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-founder | 15.2yrs | US$6.55m | 41.21% € 405.5m | |
| Chief Financial Officer | 3.4yrs | US$2.93m | 0.15% € 1.5m | |
| Vice President of Consumer Credit | no data | US$2.03m | 2.36% € 23.2m | |
| Investor Relations Officer | no data | no data | no data | |
| Chief Legal Officer & Corporate Secretary | 3.1yrs | no data | no data | |
| Vice President of Communications & Organic Growth | 1.1yrs | no data | no data | |
| Chief People Officer | 2.1yrs | no data | no data | |
| Chief Product Officer | 1.3yrs | no data | no data | |
| Vice President of Brand Marketing | no data | no data | no data |
2.6yrs
Average Tenure
43yo
Average Age
Experienced Management: 6OI's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-founder | 12.4yrs | US$6.55m | 41.21% € 405.5m | |
| Independent Director | 2.1yrs | US$209.65k | 0.042% € 416.7k | |
| Board Observer | no data | no data | no data | |
| Board Observer | no data | no data | no data | |
| Board Observer | 3.3yrs | no data | no data | |
| Independent Director | 3.4yrs | US$207.15k | 0.040% € 391.4k | |
| Independent Director | 3.8yrs | US$215.15k | 0.040% € 391.4k | |
| Independent Director | 1.6yrs | US$205.15k | 0.019% € 191.3k |
3.4yrs
Average Tenure
55yo
Average Age
Experienced Board: 6OI's board of directors are considered experienced (3.4 years average tenure).