FinWise Bancorp Management
Management criteria checks 1/4
FinWise Bancorp's CEO is Kent Landvatter, appointed in Sep 2010, has a tenure of 13.67 years. total yearly compensation is $1.65M, comprised of 33.3% salary and 66.7% bonuses, including company stock and options. directly owns 8.19% of the company’s shares, worth $11.12M. The average tenure of the management team and the board of directors is 1.3 years and 8 years respectively.
Key information
Kent Landvatter
Chief executive officer
US$1.7m
Total compensation
| CEO salary percentage | 33.3% |
| CEO tenure | 13.7yrs |
| CEO ownership | 8.2% |
| Management average tenure | 1.3yrs |
| Board average tenure | 8yrs |
Recent management updates
Recent updates
Need To Know: Analysts Are Much More Bullish On FinWise Bancorp (NASDAQ:FINW) Revenues
Jul 30
FinWise Bancorp chairman Russell Healey, Jr. retires
Oct 14FinWise Bancorp announces stock buyback program
Aug 18FinWise Bancorp GAAP EPS of $0.41 misses by $0.16, revenue of $21.20M misses by $1.49M
Jul 27FinWise Bancorp: A Risky Fintech-Heavy Partnership Model With Huge Potential Upside
Jan 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$17m |
| Dec 31 2023 | n/a | n/a | US$17m |
| Sep 30 2023 | n/a | n/a | US$20m |
| Jun 30 2023 | n/a | n/a | US$18m |
| Mar 31 2023 | n/a | n/a | US$19m |
| Dec 31 2022 | US$2m | US$549k | US$25m |
| Sep 30 2022 | n/a | n/a | US$28m |
| Jun 30 2022 | n/a | n/a | US$32m |
| Mar 31 2022 | n/a | n/a | US$34m |
| Dec 31 2021 | US$1m | US$318k | US$30m |
| Sep 30 2021 | n/a | n/a | US$24m |
| Mar 31 2021 | n/a | n/a | US$14m |
| Dec 31 2020 | US$595k | US$261k | US$10m |
| Dec 31 2019 | US$4m | US$254k | US$10m |
Compensation vs Market: Kent's total compensation ($USD1.65M) is above average for companies of similar size in the US market ($USD667.63K).
Compensation vs Earnings: Kent's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Kent Landvatter (67 yo)
13.7yrs
Tenure
US$1,650,683
Compensation
Mr. Kent R. Landvatter has been the Chief Executive Officer and Director of FineWise Bancorp since September 2010 and serves as Chairman of FineWise Bancorp and FinWise Bank since October 2022. He served a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 13.7yrs | US$1.65m | 8.19% $ 11.1m | |
| President | less than a year | US$1.59m | 2.03% $ 2.8m | |
| Executive VP & CFO | less than a year | no data | no data | |
| Executive VP & CTO | 1.3yrs | no data | 0.044% $ 59.7k | |
| Chief Compliance & Risk Officer | 2.7yrs | no data | 0.27% $ 371.0k | |
| Executive VP & Chief Fintech Officer | 1.3yrs | no data | 0.074% $ 100.0k |
1.3yrs
Average Tenure
59yo
Average Age
Experienced Management: FINW's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 13.7yrs | US$1.65m | 8.19% $ 11.1m | |
| Director | 1.6yrs | US$19.36k | 0.39% $ 522.9k | |
| Independent Vice Chairman & Lead Independent Director | 22.3yrs | US$105.31k | 1.71% $ 2.3m | |
| Independent Director | 6.9yrs | US$130.61k | 3.04% $ 4.1m | |
| Independent Director | 9yrs | US$92.41k | 0.18% $ 250.2k | |
| Independent Director | 21.3yrs | US$92.41k | 1.18% $ 1.6m | |
| Independent Director | 3.8yrs | US$89.21k | 0.071% $ 96.7k | |
| Independent Director | 3.6yrs | US$90.91k | 0.15% $ 204.7k |
8.0yrs
Average Tenure
64.5yo
Average Age
Experienced Board: FINW's board of directors are considered experienced (8 years average tenure).