Porch Group Management
Management criteria checks 3/4
Porch Group's CEO is Matt Ehrlichman, appointed in Dec 2020, has a tenure of 3.75 years. total yearly compensation is $4.27M, comprised of 14.1% salary and 85.9% bonuses, including company stock and options. directly owns 18.88% of the company’s shares, worth €25.82M. The average tenure of the management team and the board of directors is 3 years and 3.1 years respectively.
Key information
Matt Ehrlichman
Chief executive officer
US$4.3m
Total compensation
| CEO salary percentage | 14.1% |
| CEO tenure | 3.8yrs |
| CEO ownership | 18.9% |
| Management average tenure | 3yrs |
| Board average tenure | 3.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -US$86m |
| Mar 31 2024 | n/a | n/a | -US$109m |
| Dec 31 2023 | US$4m | US$600k | -US$134m |
| Sep 30 2023 | n/a | n/a | -US$167m |
| Jun 30 2023 | n/a | n/a | -US$246m |
| Mar 31 2023 | n/a | n/a | -US$186m |
| Dec 31 2022 | US$14m | US$642k | -US$157m |
| Sep 30 2022 | n/a | n/a | -US$141m |
| Jun 30 2022 | n/a | n/a | -US$62m |
| Mar 31 2022 | n/a | n/a | -US$51m |
| Dec 31 2021 | US$1m | US$450k | -US$107m |
| Sep 30 2021 | n/a | n/a | -US$124m |
| Jun 30 2021 | n/a | n/a | -US$128m |
| Mar 31 2021 | n/a | n/a | -US$118m |
| Dec 31 2020 | US$17m | US$362k | -US$71m |
| Sep 30 2020 | n/a | n/a | -US$54m |
| Jun 30 2020 | n/a | n/a | -US$60m |
| Mar 31 2020 | n/a | n/a | -US$88m |
| Dec 31 2019 | US$3k | US$1 | -US$103m |
Compensation vs Market: Matt's total compensation ($USD4.27M) is above average for companies of similar size in the German market ($USD809.04K).
Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.
CEO
Matt Ehrlichman (44 yo)
3.8yrs
Tenure
US$4,266,774
Compensation
Mr. Matthew Ehrlichman, also known as Matt, served as Member of Advisory Board at Watsco Inc. since March 2020 until April 2024. He is the Founder of Porch Group, Inc. and has been its Chief Executive Offi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 3.8yrs | US$4.27m | 18.88% $ 25.7m | |
| Chief Financial Officer | 1.8yrs | US$1.34m | 0.29% $ 399.7k | |
| Chief Operating Officer | 4.1yrs | US$2.41m | 0.93% $ 1.3m | |
| Co-Founder & VP of Homeowner Operations | no data | no data | no data | |
| Senior Vice President of Product & Technology | no data | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| General Counsel & Secretary | 3.8yrs | no data | no data | |
| Vice President of People | 2.3yrs | no data | no data | |
| President of InsurTech Division | no data | no data | no data | |
| Head of Contractor Tools SaaS | 3.6yrs | no data | no data | |
| Senior Vice President & Group General Manager of Moving Division | 2yrs | no data | no data | |
| President & GM of Floify | 2.3yrs | no data | no data |
3.0yrs
Average Tenure
44yo
Average Age
Experienced Management: 32RD's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 3.8yrs | US$4.27m | 18.88% $ 25.7m | |
| Lead Independent Director | 3.8yrs | US$163.09k | 0.078% $ 105.9k | |
| Independent Director | 3.1yrs | US$132.50k | 0.095% $ 129.0k | |
| Independent Director | 3.1yrs | US$130.00k | 0.033% $ 45.5k | |
| Independent Director | 2.5yrs | US$116.62k | 0.16% $ 217.9k | |
| Independent Director | 3.8yrs | US$157.07k | 0.041% $ 56.3k | |
| Independent Director | 1.9yrs | US$87.52k | 0.023% $ 32.0k | |
| Independent Director | 1.9yrs | US$87.52k | 0.022% $ 29.3k |
3.1yrs
Average Tenure
51yo
Average Age
Experienced Board: 32RD's board of directors are considered experienced (3.1 years average tenure).