RE/MAX Holdings Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

W. Carlson

Chief executive officer

US$5.1m

Total compensation

CEO salary percentage	2.2%
CEO tenure	less than a year
CEO ownership	0.4%
Management average tenure	6.1yrs
Board average tenure	2.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has W. Carlson's remuneration changed compared to RE/MAX Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$10m
Jun 30 2024	n/a	n/a	-US$70m
Mar 31 2024	n/a	n/a	-US$72m
Dec 31 2023	US$5m	US$113k	-US$69m

Compensation vs Market: W.'s total compensation ($USD5.10M) is above average for companies of similar size in the German market ($USD782.05K).

Compensation vs Earnings: Insufficient data to compare W.'s compensation with company performance.

CEO

W. Carlson (54 yo)

less than a year

Tenure

US$5,099,572

Compensation

Mr. W. Erik Carlson serves as Chief Executive Officer at RE/MAX Holdings, Inc. since November 2023 and serves as its Director since November 13, 2023. He served as President and Chief Executive Officer at...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
W. Carlson	CEO & Director	less than a year	US$5.10m	0.36% € 863.4k
Karri Callahan	Chief Financial Officer	8.8yrs	US$1.87m	0.41% € 987.0k
Ward Morrison	President & CEO of Motto Mortgage and wemlo	8.8yrs	US$1.49m	0.29% € 687.4k
David Liniger	Co Founder & Non-Executive Chairman	11.3yrs	no data	1.87% € 4.5m
Gail Liniger	Co-Founder	51.8yrs	no data	no data
Leah Jenkins	VP & Chief Accounting Officer	1.3yrs	no data	no data
William Ligon	Chief Information Officer	2.8yrs	no data	0.071% € 168.5k
Andrew Schulz	Vice President of Investor Relations	8.8yrs	no data	no data
Susan Winders	Executive VP	2.3yrs	no data	0.092% € 218.4k
Abby Lee	Executive Vice President of Marketing	6.3yrs	no data	no data
Roy Schwalm	Senior Vice President of Finance & Strategy	5.8yrs	no data	no data
Jerry Modes	Senior Vice President of Information Technology	5.9yrs	no data	no data

6.1yrs

Average Tenure

54.5yo

Average Age

Experienced Management: 2RM's management team is seasoned and experienced (6.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
W. Carlson	CEO & Director	less than a year	US$5.10m	0.36% € 863.4k
David Liniger	Co Founder & Non-Executive Chairman	11.3yrs	no data	1.87% € 4.5m
Gail Liniger	Co-Founder	1.5yrs	no data	no data
Stephen Joyce	Director	4.6yrs	US$2.60m	0.17% € 396.0k
Katherine Scherping	Independent Director	1.9yrs	US$225.48k	0.035% € 83.8k
Annita Menogan	Independent Director	2.4yrs	US$216.23k	0.042% € 99.4k
Roger Dow	Lead Independent Director	11.3yrs	US$252.34k	0.22% € 511.9k
Norman Jenkins	Independent Director	1.5yrs	US$164.18k	0.021% € 51.1k
Christine Riordan	Independent Director	9.8yrs	US$228.34k	0.13% € 305.5k
Teresa Van De Bogart	Independent Director	8.5yrs	US$225.84k	0.12% € 283.9k
Cathleen Raffaeli	Director	less than a year	no data	no data

2.4yrs

Average Tenure

66yo

Average Age

Experienced Board: 2RM's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.

RE/MAX Holdings Management

Management criteria checks 1/4

Key information

Recent management updates

RE/MAX Holdings, Inc., Annual General Meeting, May 23, 2024

High number of new directors

RE/MAX Holdings, Inc Announces Executive Changes, Effective from November 13, 2023

RE/MAX Holdings, Inc. Appoints Leah Jenkins as Principal Accounting Officer

RE/MAX Holdings, Inc. Announces Retirement of Gail Liniger Retired from the Board

RE/MAX Holdings, Inc. Announces Board Changes

Recent updates

Third quarter 2024 earnings released: EPS: US$0.051 (vs US$3.28 loss in 3Q 2023)

RE/MAX Holdings, Inc. Updates Earnings Guidance for the Full Year 2024

New minor risk - Shareholder dilution

RE/MAX Holdings, Inc. to Report Q3, 2024 Results on Oct 31, 2024

New minor risk - Shareholder dilution

New minor risk - Shareholder dilution

New minor risk - Shareholder dilution

Second quarter 2024 earnings released: EPS: US$0.20 (vs US$0.11 in 2Q 2023)

RE/MAX Holdings, Inc. Provides Financial Guidance for the Third Quarter of 2024 and Updates Financial Guidance for the Full Year 2024

New minor risk - Shareholder dilution

RE/MAX Holdings, Inc. to Report Q2, 2024 Results on Aug 09, 2024

RE/MAX Holdings, Inc.(NYSE:RMAX) dropped from Russell 2000 Value-Defensive Index

New minor risk - Shareholder dilution

New minor risk - Shareholder dilution

First quarter 2024 earnings released: US$0.18 loss per share (vs US$0.037 loss in 1Q 2023)

RE/MAX Holdings, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of Fiscal Year 2024

RE/MAX Holdings, Inc., Annual General Meeting, May 23, 2024

New minor risk - Shareholder dilution

RE/MAX Holdings, Inc. to Report Q1, 2024 Results on May 02, 2024

Full year 2023 earnings released: US$3.81 loss per share (vs US$0.33 profit in FY 2022)

RE/MAX Holdings, Inc. Reports Impairment Results for the Fourth Quarter Ended December 31, 2023

RE/MAX Holdings, Inc. to Report Q4, 2023 Results on Feb 22, 2024

High number of new directors

RE/MAX Holdings, Inc Announces Executive Changes, Effective from November 13, 2023

RE/MAX Holdings, Inc. Revises Earnings Guidance for the Year 2023

RE/MAX Holdings, Inc. to Report Q3, 2023 Results on Nov 02, 2023

RE/MAX Holdings, Inc. Provides Earnings Guidance for the Full Year 2023

RE/MAX Holdings, Inc. Appoints Leah Jenkins as Principal Accounting Officer

RE/MAX Holdings, Inc. Announces the Reduction of Workforce

New major risk - Dividend sustainability

Second quarter 2023 earnings released: EPS: US$0.11 (vs US$0.31 in 2Q 2022)

Re/Max Holdings, Inc. Provides Earnings Guidance for the Third Quarter of 2023

RE/MAX Holdings, Inc. Declares Quarterly Cash Dividend on Class A Common Stock, Payable on August 29, 2023

RE/MAX Holdings, Inc. to Report Q2, 2023 Results on Aug 02, 2023

RE/MAX Holdings, Inc. Announces Retirement of Gail Liniger Retired from the Board

Upcoming dividend of US$0.23 per share at 4.9% yield

RE/MAX Holdings, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2023

First quarter 2023 earnings released: US$0.037 loss per share (vs US$0.077 profit in 1Q 2022)

RE/MAX Holdings, Inc. Declares Quarterly Cash Dividend, Payable on May 31, 2023

Upcoming dividend of US$0.23 per share at 4.9% yield

Investor sentiment deteriorates as stock falls 18%

RE/MAX Holdings, Inc. Reports Impairment Results for the Fourth Quarter Ended December 31, 2022

Full year 2022 earnings released: EPS: US$0.26 (vs US$0.84 loss in FY 2021)

RE/MAX Holdings, Inc. Declares Quarterly Dividend on Class A Common Stock, Payable on March 22, 2023

RE/MAX Holdings, Inc. to Report Q4, 2022 Results on Feb 16, 2023

RE/MAX Holdings, Inc. Announces Board Changes

Independent Director recently sold €112k worth of stock

Upcoming dividend of US$0.23 per share

Third quarter 2022 earnings released: EPS: US$0.008 (vs US$1.34 loss in 3Q 2021)

RE/MAX Holdings, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2022

RE/MAX Holdings, Inc. Announces Quarterly Dividend, Payable on November 30, 2022

RE/MAX Holdings, Inc. to Report Q3, 2022 Results on Nov 02, 2022

Re/Max Holdings, Inc. Appoints Grady Ligon as Chief Information Officer

RE/MAX Holdings, Inc. Announces Retirement of Joe DeSplinter as Lead Independent Director

Re/Max Holdings, Inc. Appoints Susie Winders as General Counsel and Chief Compliance Officer

Second quarter 2022 earnings released

RE/MAX Holdings, Inc. Revises Earnings Guidance for the Year 2022

RE/MAX Holdings, Inc. Announces Quarterly Dividend, Payable on August 30, 2022

RE/MAX Holdings, Inc. to Report Q2, 2022 Results on Aug 04, 2022

RE/MAX Holdings, Inc. Elects Annita Menogan as Director

RE/MAX Holdings, Inc. Appoints Adam Grosshans as Chief Accounting Officer and Principal Accounting Officer

Upcoming dividend of US$0.23 per share

First quarter 2022 earnings released: EPS: US$0.077 (vs US$0.059 in 1Q 2021)

RE/MAX Holdings, Inc. Announces Quarterly Dividend, Payable on May 25, 2022

RE/MAX Holdings, Inc., Annual General Meeting, Jun 01, 2022

RE/MAX Holdings, Inc. to Report Q1, 2022 Results on Apr 28, 2022

RE/MAX Holdings, Inc. Announces Resignation of Brett Ritchie as Senior Vice President and Chief Accounting Officer

RE/MAX Holdings, Inc. Provides Revenue Guidance for the First Quarter and Full Year 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations