Mr. Cooper Group Management

Management criteria checks 1/4

Mr. Cooper Group's CEO is Jay Bray, appointed in Jul 2018, has a tenure of 6.33 years. total yearly compensation is $30.31M, comprised of 3.3% salary and 96.7% bonuses, including company stock and options. directly owns 1.31% of the company’s shares, worth €76.57M. The average tenure of the management team and the board of directors is 1.7 years and 6.3 years respectively.

Key information

Jay Bray

Chief executive officer

US$30.3m

Total compensation

CEO salary percentage	3.3%
CEO tenure	6.3yrs
CEO ownership	1.3%
Management average tenure	1.7yrs
Board average tenure	6.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jay Bray's remuneration changed compared to Mr. Cooper Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$511m
Jun 30 2024	n/a	n/a	US$706m
Mar 31 2024	n/a	n/a	US$644m
Dec 31 2023	US$30m	US$1m	US$500m
Sep 30 2023	n/a	n/a	US$455m
Jun 30 2023	n/a	n/a	US$293m
Mar 31 2023	n/a	n/a	US$302m
Dec 31 2022	US$11m	US$1m	US$923m
Sep 30 2022	n/a	n/a	US$1b
Jun 30 2022	n/a	n/a	US$1b
Mar 31 2022	n/a	n/a	US$2b
Dec 31 2021	US$9m	US$1m	US$1b
Sep 30 2021	n/a	n/a	US$1b
Jun 30 2021	n/a	n/a	US$1b
Mar 31 2021	n/a	n/a	US$1b
Dec 31 2020	US$9m	US$1m	US$304m
Sep 30 2020	n/a	n/a	US$563m
Jun 30 2020	n/a	n/a	US$466m
Mar 31 2020	n/a	n/a	US$303m
Dec 31 2019	US$7m	US$1m	US$256m
Sep 30 2019	n/a	n/a	US$910m
Jun 30 2019	n/a	n/a	US$2b
Mar 31 2019	n/a	n/a	US$2b
Dec 31 2018	US$25m	US$672k	US$2b

Compensation vs Market: Jay's total compensation ($USD30.31M) is above average for companies of similar size in the German market ($USD3.50M).

Compensation vs Earnings: Jay's compensation has increased by more than 20% in the past year.

CEO

Jay Bray (57 yo)

6.3yrs

Tenure

US$30,310,962

Compensation

Mr. Jesse K. Bray, also known as Jay, has been Chairman and Chief Executive Officer at Mr. Cooper Group Inc. since July 2018 and served as President since July 2018 until June 23, 2021. Mr. Bray has been C...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jesse Bray	Chairman & CEO	6.3yrs	US$30.31m	1.31% € 76.6m
Kurt Johnson	Executive VP & CFO	1.7yrs	US$2.32m	0.074% € 4.3m
Carlos Pelayo	Executive VP & Chief Legal Officer	1.8yrs	US$1.81m	0.0046% € 266.6k
Michael Rawls	Executive VP & CEO of Xome	6.3yrs	US$2.34m	0.084% € 4.9m
Michael Weinbach	President	less than a year	no data	0.027% € 1.6m
Ranjit Bhattacharjee	Executive VP & Chief Investment Officer	less than a year	no data	no data
Kevin Barker	Senior Vice President of Corporate Finance	less than a year	no data	no data
Jeff Carroll	Senior VP & CTO	less than a year	no data	no data
Kenneth Posner	Senior Vice President of Strategic Planning & Investor Relations	no data	no data	no data
Christine Paxton	Executive VP and Chief Risk & Compliance Officer	1.7yrs	no data	no data
Christen Reyenga	Vice President of Corporate Communications	no data	no data	no data
Angela Greenfeather	Executive VP & Chief Human Resources Officer	3.2yrs	no data	no data

1.7yrs

Average Tenure

54.5yo

Average Age

Experienced Management: 07WA's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Jesse Bray	Chairman & CEO	6.3yrs	US$30.31m	1.31% € 76.6m
Roy Guthrie	Independent Director	6.3yrs	US$320.00k	0.027% € 1.6m
Tagar Olson	Independent Director	9.5yrs	US$295.00k	0.030% € 1.8m
Steven Scheiwe	Independent Director	12.8yrs	US$290.00k	0.091% € 5.3m
Elizabeth Burr	Independent Director	5.8yrs	US$260.00k	0.028% € 1.6m
Shveta Mujumdar	Independent Director	4.8yrs	US$255.00k	0.027% € 1.6m
Daniela Jorge	Independent Director	2.8yrs	US$260.27k	0.0040% € 233.8k

6.3yrs

Average Tenure

57yo

Average Age

Experienced Board: 07WA's board of directors are considered experienced (6.3 years average tenure).

Mr. Cooper Group Management

Management criteria checks 1/4

Key information

Recent management updates

Mr. Cooper Group Inc Announces Executive Appointments

Executive VP & CEO of Xome recently sold €2.1m worth of stock

Mr. Cooper Group Inc. Announces Executive Appointments

Mr. Cooper Group Inc., Annual General Meeting, May 23, 2024

President recently bought €1.1m worth of stock

Mr. Cooper Group Inc. Announces Executive Changes

Recent updates

Investor sentiment improves as stock rises 15%

Third quarter 2024 earnings released: EPS: US$1.24 (vs US$4.14 in 3Q 2023)

Mr. Cooper Group Inc Announces Executive Appointments

LUB Liquidating Trust Declares Cash Liquidating Distribution, Payable on September 23, 2024

Investor sentiment deteriorates as stock falls 15%

Second quarter 2024 earnings released: EPS: US$3.16 (vs US$2.10 in 2Q 2023)

Mr. Cooper Group Inc. to Report Q2, 2024 Results on Jul 25, 2024

Executive VP & CEO of Xome recently sold €2.1m worth of stock

First quarter 2024 earnings released: EPS: US$2.80 (vs US$0.54 in 1Q 2023)

Mr. Cooper Group Inc. Announces Executive Appointments

Mr. Cooper Group Inc., Annual General Meeting, May 23, 2024

Mr. Cooper Group Inc. to Report Q1, 2024 Results on Apr 24, 2024

Full year 2023 earnings released: EPS: US$7.46 (vs US$12.84 in FY 2022)

President recently bought €1.1m worth of stock

Mr. Cooper Group Inc. to Report Q4, 2023 Results on Feb 09, 2024

Mr. Cooper Group Inc. Announces Executive Changes

New major risk - Financial position

Third quarter 2023 earnings released: EPS: US$4.14 (vs US$1.59 in 3Q 2022)

Mr. Cooper Group Inc. to Report Q3, 2023 Results on Oct 25, 2023

Executive VP & CEO of Xome recently sold €1.8m worth of stock

Mr. Cooper Group Inc. (NasdaqCM:COOP) completed the acquisition of Roosevelt Management Company LLC.

Mr. Cooper Group Inc. (NasdaqCM:COOP) completed the acquisition of Home Point Capital Inc. (NasdaqGS:HMPT).

Mr. Cooper Group Inc. Raises Earnings Guidance for the Year 2023

Second quarter 2023 earnings released: EPS: US$2.10 (vs US$2.08 in 2Q 2022)

Mr. Cooper Group Inc. to Report Q2, 2023 Results on Jul 26, 2023

Mr. Cooper Group Inc. Appoints Busy Burr as a Director

Mr. Cooper Group Inc. (NasdaqCM:COOP) signed a definitive agreement to acquire Home Point Capital Inc. (NasdaqGS:HMPT) for approximately $320 million.

First quarter 2023 earnings released: EPS: US$0.54 (vs US$8.91 in 1Q 2022)

Investor sentiment deteriorates as stock falls 20%

Insufficient new directors

Mr. Cooper Group Inc. (NasdaqCM:COOP) entered into a definitive agreement to acquire Roosevelt Management Company LLC.

Full year 2022 earnings released: EPS: US$12.84 (vs US$17.39 in FY 2021)

Mr. Cooper Group Inc. to Report Q4, 2022 Results on Feb 10, 2023

Third quarter 2022 earnings released: EPS: US$1.59 (vs US$3.56 in 3Q 2021)

Mr. Cooper Group Inc. (NasdaqCM:COOP) announces an Equity Buyback for $200 million worth of its shares.

Mr. Cooper Group Inc. to Report Q3, 2022 Results on Oct 26, 2022

Second quarter 2022 earnings released: EPS: US$2.08 (vs US$4.91 in 2Q 2021)

Mr. Cooper Group Inc. Approves Election of Directors

First quarter 2022 earnings released: EPS: US$8.91 (vs US$6.19 in 1Q 2021)

Mr. Cooper Group Inc. Announces Executive Changes

Mr. Cooper Group Inc. to Report Q1, 2022 Results on Apr 28, 2022

Mr. Cooper Group Inc., Annual General Meeting, May 19, 2022

Executive VP & Chief Legal Officer recently sold €163k worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Executive VP & CEO of Xome recently sold €2.3m worth of stock

Mr. Cooper Group Inc. (NasdaqCM:COOP) announces an Equity Buyback for $200 million worth of its shares.

Investor sentiment improved over the past week

Mr. Cooper Group Inc. Appoints Daniela Jorge to Board of Directors

Insufficient new directors

Mortgage Assets Management, LLC completed the acquisition of Reverse servicing portfolio of Mr. Cooper Group Inc. (NasdaqCM:COOP).

Third quarter 2021 earnings released: EPS US$3.56 (vs US$2.26 in 3Q 2020)

Cyprexx Services, LLC entered into a definitive agreement to acquire Xome Field Services LLC from Mr. Cooper Group Inc. (NasdaqCM:COOP).

Executive VP & Chief Legal Officer recently sold €115k worth of stock

Voxtur Analytics US Corp. completed the acquisition of Xome Services LLC and Xome Valuation Services LLC from Mr. Cooper Group Inc. (NasdaqCM:COOP).

Voxtur Analytics US Corp. executed a purchase agreement to acquire Xome Services LLC and Xome Valuation Services LLC from Mr. Cooper Group Inc. (NasdaqCM:COOP) for approximately $15 million.

Independent Director Christopher Harrington has left the company

Second quarter 2021 earnings released: EPS US$4.91 (vs US$0.78 in 2Q 2020)

Executive VP & CEO of Xome recently sold €1.6m worth of stock

First quarter 2021 earnings released: EPS US$6.27 (vs US$1.84 loss in 1Q 2020)

Executive VP & COO recently sold €2.6m worth of stock

Full year 2020 earnings released: EPS US$3.31 (vs US$2.99 in FY 2019)

Revenue misses expectations

New 90-day high: €25.20

Mr. Cooper Group Inc. to Report Q4, 2020 Results on Feb 23, 2021

New 90-day high: €23.59

New 90-day high: €21.09

Market bids up stock over the past week

Third quarter earnings released

Third-quarter earnings released: Revenue misses expectations