Purple Innovation, Inc.

NasdaqGS:PRPL Stock Report

Market Cap: US$98.0m

Purple Innovation Management

Management criteria checks 1/4

Purple Innovation's CEO is Rob DeMartini, appointed in Dec 2021, has a tenure of 2.92 years. total yearly compensation is $2.66M, comprised of 25.5% salary and 74.5% bonuses, including company stock and options. directly owns 0.31% of the company’s shares, worth $301.14K. The average tenure of the management team and the board of directors is 2.4 years and 1.8 years respectively.

Key information

Rob DeMartini

Chief executive officer

US$2.7m

Total compensation

CEO salary percentage25.5%
CEO tenure2.9yrs
CEO ownership0.3%
Management average tenure2.4yrs
Board average tenure1.8yrs

Recent management updates

Recent updates

Purple Innovation, Inc.'s (NASDAQ:PRPL) Price Is Right But Growth Is Lacking

Oct 02
Purple Innovation, Inc.'s (NASDAQ:PRPL) Price Is Right But Growth Is Lacking

Purple Innovation: Uncertainty Remains

Sep 24

Purple Innovation: Shares Unlikely To Wake Up

Apr 05

Purple appoints Keira Krausz as chief marketing officer

Oct 18

Purple surges 28% after holder Coliseum Capital offers to buy for $4.35/share

Sep 19

Purple Innovation acquires sleep and health wellness firm in all-stock deal

Sep 01

When Should You Buy Purple Innovation, Inc. (NASDAQ:PRPL)?

Aug 21
When Should You Buy Purple Innovation, Inc. (NASDAQ:PRPL)?

Purple Innovation falls 14% on Q2 result miss, lowers 2022 sales guidance

Aug 09

Sleep Number And Purple Innovation: A Pair Trade Idea

Jun 28

Is Purple Innovation (NASDAQ:PRPL) A Risky Investment?

Jun 14
Is Purple Innovation (NASDAQ:PRPL) A Risky Investment?

Purple Innovation: In For A Hard Time

May 19

Should You Think About Buying Purple Innovation, Inc. (NASDAQ:PRPL) Now?

May 10
Should You Think About Buying Purple Innovation, Inc. (NASDAQ:PRPL) Now?

CEO Compensation Analysis

How has Rob DeMartini's remuneration changed compared to Purple Innovation's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-US$105m

Mar 31 2024n/an/a

-US$145m

Dec 31 2023US$3mUS$680k

-US$121m

Sep 30 2023n/an/a

-US$174m

Jun 30 2023n/an/a

-US$136m

Mar 31 2023n/an/a

-US$105m

Dec 31 2022US$2mUS$650k

-US$92m

Sep 30 2022n/an/a

-US$42m

Jun 30 2022n/an/a

-US$42m

Mar 31 2022n/an/a

-US$30m

Dec 31 2021US$445kn/a

US$3m

Compensation vs Market: Rob's total compensation ($USD2.66M) is above average for companies of similar size in the US market ($USD655.65K).

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


CEO

Rob DeMartini (62 yo)

2.9yrs

Tenure

US$2,663,668

Compensation

Mr. Robert T. DeMartini, also known as Rob, serves as Director of Q30 Sports Science, LLC. He is Director at Purple Innovation, Inc. since December 13, 2021 and served as its Acting Chief Executive Officer...


Leadership Team

NamePositionTenureCompensationOwnership
Robert DeMartini
CEO & Director2.9yrsUS$2.66m0.31%
$ 301.1k
Todd Vogensen
Chief Financial Officer1.1yrsUS$600.27kno data
Eric Haynor
Chief Operating Officer2.4yrsUS$769.99k0.17%
$ 162.1k
Keira Krausz
Chief Marketing Officer2yrsUS$636.20k0.0063%
$ 6.2k
John Roddy
Chief People Officer3.1yrsUS$667.45k0.044%
$ 42.7k
George Ulrich
Vice President of Accounting & Financial Reporting6.3yrsno data0.016%
$ 15.4k
Tricia Thompkins
Chief Legal Officer & Secretary1.1yrsno datano data
Misty Bond
Director of Communicationsno datano datano data
Jeffrey Hutchings
Chief Innovation Officer2.5yrsno data0.029%
$ 28.2k
Jeffery Kerby
Chief of Owned Retail Officer1.8yrsno data0.042%
$ 41.4k
Tanya Sestak
Senior Director of Legal Operationsno datano datano data

2.4yrs

Average Tenure

56yo

Average Age

Experienced Management: PRPL's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Robert DeMartini
CEO & Director2.9yrsUS$2.66m0.31%
$ 301.1k
Gary DiCamillo
Lead Independent Director2.1yrsUS$316.43k0.15%
$ 144.5k
Claudia Hollingsworth
Independent Non-Executive Director6.8yrsUS$297.90k0.068%
$ 67.1k
Erika Serow
Independent Director1.6yrsUS$145.71k0.030%
$ 29.0k
R. Pate
Independent Director1.6yrsUS$153.83k0.045%
$ 44.4k
Seth Darling
Independent Director1.6yrsUS$145.71k0.045%
$ 44.5k
Adam Gray
Non-Executive Chairman of Board6.8yrsUS$218.76k-56.09%
$ -55.0m
Douglas Peterson
Director1.4yrsUS$274.53k2.99%
$ 2.9m

1.8yrs

Average Tenure

63yo

Average Age

Experienced Board: PRPL's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.