loanDepot Management
Management criteria checks 3/4
loanDepot's CEO is Frank Martell, appointed in Apr 2022, has a tenure of 2.5 years. total yearly compensation is $8.27M, comprised of 9.7% salary and 90.3% bonuses, including company stock and options. directly owns 0.61% of the company’s shares, worth €2.50M. The average tenure of the management team and the board of directors is 2.1 years and 3.5 years respectively.
Key information
Frank Martell
Chief executive officer
US$8.3m
Total compensation
| CEO salary percentage | 9.7% |
| CEO tenure | 2.5yrs |
| CEO ownership | 0.6% |
| Management average tenure | 2.1yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -US$110m |
| Mar 31 2024 | n/a | n/a | -US$101m |
| Dec 31 2023 | US$8m | US$800k | -US$110m |
| Sep 30 2023 | n/a | n/a | -US$160m |
| Jun 30 2023 | n/a | n/a | -US$204m |
| Mar 31 2023 | n/a | n/a | -US$281m |
| Dec 31 2022 | US$17m | US$532k | -US$273m |
Compensation vs Market: Frank's total compensation ($USD8.27M) is above average for companies of similar size in the German market ($USD1.30M).
Compensation vs Earnings: Frank's compensation has been consistent with company performance over the past year.
CEO
Frank Martell (64 yo)
2.5yrs
Tenure
US$8,265,534
Compensation
Mr. Frank D. Martell serves as Director at SmartRent, Inc. since June 2024. He has been Director at Compass, Inc. since November 2021 and serves as its Independent Director since 2021. Mr. Martell serves a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman | 3.9yrs | US$376.07k | 1.87% $ 7.7m | |
| CEO, President & Director | 2.5yrs | US$8.27m | 0.61% $ 2.5m | |
| Executive VP | 2yrs | US$2.50m | 3.38% $ 13.8m | |
| President of LDI Mortgage | 2.1yrs | US$2.95m | 2.2% $ 9.0m | |
| Chief Financial Officer | 1.3yrs | no data | 0.068% $ 275.9k | |
| Chief Operations Officer | 6.6yrs | no data | no data | |
| Executive VP & Chief Accounting Officer | 1.3yrs | no data | 0.15% $ 607.4k | |
| Senior VP & CTO | 2.8yrs | no data | no data | |
| Executive VP & Chief Information Officer | no data | no data | no data | |
| Executive VP & Chief Administrative Officer | 4.8yrs | no data | no data | |
| Senior Vice President of Investor Relations | no data | no data | no data | |
| Chief Legal Officer & Corporate Secretary | 2.1yrs | no data | 0.051% $ 208.5k |
2.1yrs
Average Tenure
56yo
Average Age
Experienced Management: LDD's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman | 3.9yrs | US$376.07k | 1.87% $ 7.7m | |
| CEO, President & Director | 2.5yrs | US$8.27m | 0.61% $ 2.5m | |
| Non-Independent Director | 3.7yrs | US$208.33k | no data | |
| Independent Director | 3.7yrs | US$268.33k | 0.10% $ 420.0k | |
| Non-Independent Director | 3.7yrs | US$208.33k | no data | |
| Independent Director | 1.5yrs | US$176.15k | 0.040% $ 162.7k | |
| Non-Independent Director | 2.5yrs | US$208.33k | 0.097% $ 395.6k | |
| Independent Director | 3.3yrs | US$208.33k | 0.11% $ 438.9k |
3.5yrs
Average Tenure
61yo
Average Age
Experienced Board: LDD's board of directors are considered experienced (3.5 years average tenure).