Reddit Management
Management criteria checks 2/4
Reddit's CEO is Steve Huffman, appointed in Jan 2005, has a tenure of 19.92 years. total yearly compensation is $193.25M, comprised of 0.2% salary and 99.8% bonuses, including company stock and options. directly owns 2.23% of the company’s shares, worth €650.23M. The average tenure of the management team and the board of directors is 5.3 years and 3.7 years respectively.
Key information
Steve Huffman
Chief executive officer
US$193.2m
Total compensation
| CEO salary percentage | 0.2% |
| CEO tenure | 19.9yrs |
| CEO ownership | 2.2% |
| Management average tenure | 5.3yrs |
| Board average tenure | 3.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$537m |
| Jun 30 2024 | n/a | n/a | -US$574m |
| Mar 31 2024 | n/a | n/a | -US$605m |
| Dec 31 2023 | US$193m | US$341k | -US$91m |
| Sep 30 2023 | n/a | n/a | -US$132m |
| Jun 30 2023 | n/a | n/a | -US$170m |
| Mar 31 2023 | n/a | n/a | -US$184m |
| Dec 31 2022 | US$332k | US$200k | -US$159m |
Compensation vs Market: Steve's total compensation ($USD193.25M) is above average for companies of similar size in the Italian market ($USD2.94M).
Compensation vs Earnings: Steve's compensation has increased whilst the company is unprofitable.
CEO
Steve Huffman (39 yo)
19.9yrs
Tenure
US$193,249,486
Compensation
Mr. Steven Ladd Huffman, also known as Steve, serves as Independent Director at Vy Global Growth since October 2020. Mr. Huffman co-founded Reddit, Inc. in 2005 and serves as its Chief Executive Officer, P...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 19.9yrs | US$193.25m | 2.23% € 650.2m | |
| Chief Financial Officer | 3.8yrs | US$6.56m | 0.40% € 117.1m | |
| Chief Operating Officer | 6.7yrs | US$92.53m | 0.95% € 277.2m | |
| Chief Accounting Officer | 3.9yrs | no data | 0.035% € 10.2m | |
| Chief Technology Officer | 7.6yrs | no data | 0.20% € 58.5m | |
| Chief Information Security Officer | no data | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Chief Legal Officer & Corporate Secretary | 5.3yrs | no data | 0.079% € 23.0m | |
| Chief Marketing & Consumer Experience Officer | no data | no data | no data | |
| Chief People Officer | no data | no data | no data | |
| Executive Vice President of Engineering | no data | no data | no data | |
| EVP of Business Marketing & Growth and New Orgs | 1.9yrs | no data | no data |
5.3yrs
Average Tenure
48yo
Average Age
Experienced Management: 1RDDT's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 9.4yrs | US$193.25m | 2.23% € 650.2m | |
| Independent Director | 2.9yrs | US$229.46k | 0% € 0 | |
| Independent Vice Chairman | 12.7yrs | no data | 0.015% € 4.5m | |
| Independent Director | less than a year | no data | no data | |
| Independent Chairman | 2.1yrs | US$512.60k | 0.0017% € 499.7k | |
| Independent Director | 4.4yrs | no data | 0% € 0 | |
| Independent Director | 5.7yrs | no data | 0.023% € 6.9m | |
| Director | less than a year | no data | no data |
3.7yrs
Average Tenure
56yo
Average Age
Experienced Board: 1RDDT's board of directors are considered experienced (3.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 00:44 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Reddit, Inc. is covered by 19 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Colin Sebastian | Baird |
| Justin Post | BofA Global Research |
| Naved Khan | B. Riley Securities, Inc. |