Redfin Management
Management criteria checks 4/4
Redfin's CEO is Glenn Kelman, appointed in Sep 2005, has a tenure of 18.67 years. total yearly compensation is $300.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 1.22% of the company’s shares, worth €8.40M. The average tenure of the management team and the board of directors is 7.3 years and 7.6 years respectively.
Key information
Glenn Kelman
Chief executive officer
US$300.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 18.7yrs |
| CEO ownership | 1.2% |
| Management average tenure | 7.3yrs |
| Board average tenure | 7.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$300k | US$300k | -US$127m |
| Sep 30 2023 | n/a | n/a | -US$203m |
| Jun 30 2023 | n/a | n/a | -US$230m |
| Mar 31 2023 | n/a | n/a | -US$277m |
| Dec 31 2022 | US$300k | US$300k | -US$251m |
| Sep 30 2022 | n/a | n/a | -US$253m |
| Jun 30 2022 | n/a | n/a | -US$227m |
| Mar 31 2022 | n/a | n/a | -US$182m |
| Dec 31 2021 | US$299k | US$299k | -US$98m |
| Sep 30 2021 | n/a | n/a | -US$76m |
| Jun 30 2021 | n/a | n/a | -US$23m |
| Mar 31 2021 | n/a | n/a | -US$984k |
| Dec 31 2020 | US$64k | US$63k | -US$23m |
| Sep 30 2020 | n/a | n/a | -US$43m |
| Jun 30 2020 | n/a | n/a | -US$69m |
| Mar 31 2020 | n/a | n/a | -US$74m |
| Dec 31 2019 | US$1m | US$284k | -US$81m |
| Sep 30 2019 | n/a | n/a | -US$85m |
| Jun 30 2019 | n/a | n/a | -US$89m |
| Mar 31 2019 | n/a | n/a | -US$73m |
| Dec 31 2018 | US$250k | US$250k | -US$42m |
| Sep 30 2018 | n/a | n/a | -US$32m |
| Jun 30 2018 | n/a | n/a | -US$65m |
| Mar 31 2018 | n/a | n/a | -US$175m |
| Dec 31 2017 | US$256k | US$250k | -US$191m |
Compensation vs Market: Glenn's total compensation ($USD300.00K) is below average for companies of similar size in the German market ($USD1.18M).
Compensation vs Earnings: Glenn's compensation has been consistent with company performance over the past year.
CEO
Glenn Kelman (51 yo)
18.7yrs
Tenure
US$300,000
Compensation
Mr. Glenn Kelman has been the Chief Executive Officer and President of Redfin Corporation since September 2005. Mr. Kelman served as Vice President of Product Management and Marketing at Plumtree Software...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 18.7yrs | US$300.00k | 1.22% $ 8.4m | |
| Chief Financial Officer | 10.9yrs | US$1.86m | 0.35% $ 2.4m | |
| Chief Technology Officer | 9.3yrs | US$1.80m | 0.35% $ 2.4m | |
| Chief of Legal Affairs & Digital Revenue | no data | US$1.54m | 0.013% $ 89.1k | |
| Chief Human Resources Officer | 1.8yrs | US$1.66m | 0% $ 0 | |
| Advisor | 9yrs | US$2.55m | 0.36% $ 2.5m | |
| Head of Investor Relations | no data | no data | no data | |
| Senior Vice President of Real Estate Operations | no data | no data | no data | |
| Chief Economist | 5.6yrs | no data | no data | |
| Chief Growth Officer | 4.6yrs | US$1.86m | 0.044% $ 300.1k | |
| Senior Vice-President of Real Estate Support | 3.7yrs | no data | no data | |
| Chief Executive Officer of RentPath | no data | no data | no data |
7.3yrs
Average Tenure
47yo
Average Age
Experienced Management: R6G's management team is seasoned and experienced (7.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 18.2yrs | US$300.00k | 1.22% $ 8.4m | |
| Independent Chairman of the Board | 6.3yrs | US$288.95k | 0.058% $ 402.2k | |
| Independent Director | 13.7yrs | US$246.79k | 0.55% $ 3.8m | |
| Independent Director | 14.5yrs | US$249.29k | 0.21% $ 1.4m | |
| Independent Director | 2.2yrs | US$246.79k | 0.055% $ 381.0k | |
| Independent Director | 10.3yrs | US$239.29k | 0.095% $ 657.0k | |
| Independent Director | 3.8yrs | US$239.29k | 0.014% $ 98.8k | |
| Independent Director | 7.6yrs | US$241.79k | 0.022% $ 152.1k | |
| Independent Director | 7.6yrs | US$266.79k | 0.021% $ 143.5k |
7.6yrs
Average Tenure
57yo
Average Age
Experienced Board: R6G's board of directors are considered experienced (7.6 years average tenure).