Green Dot Management

Management criteria checks 2/4

Green Dot's CEO is George Gresham, appointed in Oct 2022, has a tenure of 2.08 years. total yearly compensation is $8.44M, comprised of 9.5% salary and 90.5% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth $1.08M. The average tenure of the management team and the board of directors is 2.1 years and 6.5 years respectively.

Key information

George Gresham

Chief executive officer

US$8.4m

Total compensation

CEO salary percentage	9.5%
CEO tenure	2.1yrs
CEO ownership	0.2%
Management average tenure	2.1yrs
Board average tenure	6.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has George Gresham's remuneration changed compared to Green Dot's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$55m
Jun 30 2024	n/a	n/a	-US$54m
Mar 31 2024	n/a	n/a	-US$25m
Dec 31 2023	US$8m	US$800k	US$7m
Sep 30 2023	n/a	n/a	US$36m
Jun 30 2023	n/a	n/a	US$47m
Mar 31 2023	n/a	n/a	US$62m
Dec 31 2022	US$3m	US$679k	US$64m
Sep 30 2022	n/a	n/a	US$48m
Jun 30 2022	n/a	n/a	US$50m
Mar 31 2022	n/a	n/a	US$60m
Dec 31 2021	US$12m	US$118k	US$47m
Sep 30 2021	n/a	n/a	US$34m
Jun 30 2021	n/a	n/a	US$24m
Mar 31 2021	n/a	n/a	US$2m
Dec 31 2020	n/a	n/a	US$23m
Sep 30 2020	n/a	n/a	US$48m
Jun 30 2020	n/a	n/a	US$50m
Mar 31 2020	n/a	n/a	US$82m
Dec 31 2019	US$81k	n/a	US$100m
Sep 30 2019	n/a	n/a	US$112m
Jun 30 2019	n/a	n/a	US$118m
Mar 31 2019	n/a	n/a	US$113m
Dec 31 2018	US$414k	n/a	US$119m
Sep 30 2018	n/a	n/a	US$117m
Jun 30 2018	n/a	n/a	US$126m
Mar 31 2018	n/a	n/a	US$115m
Dec 31 2017	US$347k	n/a	US$86m

Compensation vs Market: George's total compensation ($USD8.44M) is above average for companies of similar size in the UK market ($USD989.04K).

Compensation vs Earnings: George's compensation has increased whilst the company is unprofitable.

CEO

George Gresham (57 yo)

2.1yrs

Tenure

US$8,437,846

Compensation

Mr. George W. Gresham serves as Director of Green Dot Corporation since March 2022 and served as its Chief Finance & Operating Officer since October 14, 2022 and also served as its Chief Finance and Operat...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
George Gresham	CEO, President & Director	2.1yrs	US$8.44m	0.19% $ 1.1m
Jess Unruh	Chief Financial Officer	2yrs	US$1.75m	0.12% $ 698.9k
Teresa Watkins	Chief Operations Officer	2yrs	US$1.24m	0.034% $ 192.0k
Amy Pugh	General Counsel & Secretary	2.2yrs	US$1.27m	0.016% $ 92.2k
Chris Ruppel	Chief Revenue Officer	2yrs	US$1.75m	0.14% $ 787.2k
Steven Streit	Founder & Chief Innovation Officer	25.8yrs	US$6.05m	no data
Dave Harden	Chief Technology Officer	less than a year	no data	no data
Michael Althouse	Chief Compliance Officer	3.3yrs	no data	no data
Alison Lubert	Senior VP & Head of Corporate Communications	2.2yrs	no data	no data
Timothy Willi	Senior Vice President of Finance & Corporate Development	3.2yrs	no data	no data
Michael Meston	Chief Human Resources Officer	less than a year	no data	no data
Brian Schmidt	Chief Executive Officer of Santa Barbara Tax Products Group	8.6yrs	no data	no data

2.1yrs

Average Tenure

52.5yo

Average Age

Experienced Management: 0J0N's management team is considered experienced (2.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
George Gresham	CEO, President & Director	2.7yrs	US$8.44m	0.19% $ 1.1m
George Shaheen	Lead Independent Director	11.2yrs	US$440.00k	0.12% $ 658.9k
Mary Richey	Independent Director	4.6yrs	US$428.87k	0.048% $ 267.8k
J. Brewster	Independent Director	8.6yrs	US$470.00k	0.17% $ 963.6k
William Jacobs	Independent Chairman of Board	8.6yrs	US$522.00k	0.16% $ 879.3k
Saturnino Fanlo	Independent Director	8.5yrs	US$425.00k	0.11% $ 598.6k
Robert Millard	Independent Director	less than a year	no data	0.039% $ 216.3k
Michelleta Razon	Independent Director	1.1yrs	US$18.93k	no data

6.5yrs

Average Tenure

68.5yo

Average Age

Experienced Board: 0J0N's board of directors are considered experienced (6.5 years average tenure).

Green Dot Management

Management criteria checks 2/4

Key information

Recent management updates

Green Dot Corporation Appoints Robert Millard to the Board of Directors

Chief Revenue Officer recently bought US$299k worth of stock

Green Dot Appoints Melissa Douros as Chief Product Officer

Green Dot Corporation Announces Appointment of Michael Meston as Chief Human Resources Officer

Green Dot Corporation Announces Resignation of Rajeev V. Date as Member of the Board of Directors and Nominating and Corporate Governance Committee and Risk Committee, Effective December 31, 2023

Green Dot Corporation Announces Board Changes

Recent updates

Now 20% undervalued after recent price drop

Third quarter 2024 earnings released: US$0.15 loss per share (vs US$0.12 loss in 3Q 2023)

Green Dot Corporation to Report Q3, 2024 Results on Nov 07, 2024

Now 20% undervalued

Now 21% undervalued

New minor risk - Share price stability

Second quarter 2024 earnings released: US$0.54 loss per share (vs US$0.011 profit in 2Q 2023)

Green Dot Corporation to Report Q2, 2024 Results on Aug 08, 2024

First quarter 2024 earnings released: EPS: US$0.09 (vs US$0.69 in 1Q 2023)

Green Dot Corporation to Report Q1, 2024 Results on May 09, 2024

Green Dot Corporation Appoints Robert Millard to the Board of Directors

Chief Revenue Officer recently bought US$299k worth of stock

Green Dot Appoints Melissa Douros as Chief Product Officer

Full year 2023 earnings released: EPS: US$0.13 (vs US$1.20 in FY 2022)

Green Dot Corporation Announces Appointment of Michael Meston as Chief Human Resources Officer

Green Dot Corporation to Report Q4, 2023 Results on Feb 27, 2024

Now 22% undervalued after recent price drop

Green Dot Corporation Announces Resignation of Rajeev V. Date as Member of the Board of Directors and Nominating and Corporate Governance Committee and Risk Committee, Effective December 31, 2023

Investor sentiment improves as stock rises 17%

Investor sentiment deteriorates as stock falls 30%

Green Dot Corporation Updates Unaudited Earnings Guidance for the Fiscal Year 2023

Now 43% undervalued after recent price drop

Third quarter 2023 earnings released: US$0.12 loss per share (vs US$0.088 profit in 3Q 2022)

Now 22% undervalued after recent price drop

Green Dot Corporation to Report Q3, 2023 Results on Nov 09, 2023

Green Dot Corporation Announces Board Changes

New minor risk - Earnings quality

Second quarter 2023 earnings released: EPS: US$0.011 (vs US$0.28 in 2Q 2022)

Green Dot Corporation Announces Resignation of Jeffrey Osher as Member of the Board of Directors, Member of the Audit Committee and Nominating and Corporate Governance Committee, Effective July 31, 2023

Green Dot Corporation to Report Q2, 2023 Results on Aug 03, 2023

Green Dot Corporation(NYSE:GDOT) dropped from Russell 2000 Growth-Defensive Index

First quarter 2023 earnings released: EPS: US$0.69 (vs US$0.70 in 1Q 2022)

Full year 2022 earnings released: EPS: US$1.20 (vs US$0.87 in FY 2021)

Green Dot Corporation to Report Q4, 2022 Results on Feb 23, 2023

Investor sentiment deteriorated over the past week

Green Dot Corporation Announces CFO Changes

Green Dot Corporation to Report Q3, 2022 Results on Nov 09, 2022

High number of new directors

Green Dot Corporation Appoints Amy Pugh as General Counsel

Second quarter 2022 earnings released: EPS: US$0.28 (vs US$0.46 in 2Q 2021)

High number of new directors

Green Dot Corporation to Report Q2, 2022 Results on Aug 04, 2022

Green Dot Corporation Announces Retirement of Glinda Bridgforth Hodges from Its Board of Directors, Effective October 1, 2022

Green Dot Corporation Announces Resignation of Brandon Thompson as Executive Vice President, Effective from July 15, 2022

High number of new directors

Republic Bank & Trust Company and Green Dot Corporation Enter into A Settlement Agreement

First quarter 2022 earnings released: EPS: US$0.71 (vs US$0.47 in 1Q 2021)

Green Dot Corporation Provides Earning Guidance for 2022

High number of new directors

Green Dot Corporation to Report Q1, 2022 Results on May 05, 2022

Green Dot Corporation, Annual General Meeting, May 19, 2022

High number of new directors

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

Green Dot Corporation (NYSE:GDOT) announces an Equity Buyback for $100 million worth of its shares.

Green Dot Corporation to Report Q4, 2021 Results on Feb 24, 2022

Green Dot Corporation's GO2bank Launches Experian Credit Care Advantage™ to Help Customers Safely and Easily Build, Improve and Protect Their Credit

Independent Director recently sold US$279k worth of stock

Independent Director recently sold US$279k worth of stock

Third quarter 2021 earnings released: EPS US$0.14 (vs US$0.056 loss in 3Q 2020)

Third quarter 2021 earnings released: EPS US$0.14 (vs US$0.056 loss in 3Q 2020)

High number of new directors

Second quarter 2021 earnings released: EPS US$0.46 (vs US$0.062 in 2Q 2020)

Walmart MoneyCard, Issued by Green Dot Bank, Now Offered as Demand Deposit Accounts with Enhanced Digital Banking Tools and Features for Customers

Green Dot Appoints Amit Parikh to Lead Banking as A Service

Full year 2020 earnings released: EPS US$0.44 (vs US$1.91 in FY 2019)

Revenue beats expectations

Green Dot Corporation to Report Q4, 2020 Results on Feb 22, 2021

Green Dot Appoints Gyorgy Tomso as Chief Technology Officer

Green Dot Launches GO2bank Mobile Bank for Americans Living Paycheck to Paycheck