Affirm Holdings Management
Management criteria checks 4/4
Affirm Holdings' CEO is Max Levchin, appointed in Jan 2012, has a tenure of 12.33 years. total yearly compensation is $409.81K, comprised of 8.6% salary and 91.4% bonuses, including company stock and options. directly owns 5.5% of the company’s shares, worth $537.76M. The average tenure of the management team and the board of directors is 4.3 years and 3.3 years respectively.
Key information
Max Levchin
Chief executive officer
US$409.8k
Total compensation
| CEO salary percentage | 8.6% |
| CEO tenure | 12.3yrs |
| CEO ownership | 5.5% |
| Management average tenure | 4.3yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
Affirm: Acceleration Across The Board
Apr 18Affirm: Risk-Reward Is Attractive To Initiate A Position In The Stock
Apr 06Investors Still Waiting For A Pull Back In Affirm Holdings, Inc. (NASDAQ:AFRM)
Apr 03
Affirm Holdings: Get In Before The Fed Cuts
Mar 07Earnings Update: Affirm Holdings, Inc. (NASDAQ:AFRM) Just Reported And Analysts Are Boosting Their Estimates
Feb 10Affirm: The Recent Inflection In The Business Is Under-Appreciated
Jan 23Affirm Holdings, Inc.'s (NASDAQ:AFRM) Subdued P/S Might Signal An Opportunity
Apr 18Affirm, Block, Lightspeed shares lead fintech stocks higher as investors buy the dip
Sep 28Affirm offers 'Buy Now, Pay Later' options for INTERMIX shoppers in new partnership
Sep 21Affirm: Considering The Share Price Implosion And The Company's Opportunities
Sep 07Affirm FQ4 2022 Earnings Preview
Aug 24Affirm Adaptive Checkout named BigCommerce's preferred pay-over-time option
Aug 16Affirm: Time To Go Long
Aug 04Affirm: Strong Partnerships Driving Future Growth
Jul 27Affirm: Borrow-Now-Pay-Later With $1.4B Of Cash Burn
Jul 20Affirm teams up with SeatGeek to provide fans with flexible payment options
Jul 14Affirm: Less Bearish, Upgraded To Neutral
Jul 08Affirm trading in red on price target cut at Piper Sandler amid weak broader market fundamentals
Jun 29Affirm Holdings: A Broken Business Model Tested By Rising Interest Rates
Jun 17Affirm: Built To Win
Jun 07Affirm Does Have Numerous Special Sauces If You Know Where To Look
May 27Affirm: Chasing Growth Hasn't Worked
May 19Affirm: The Tesla Of Finance
May 10Is Affirm Stock A Buy Or Sell After Falling Over 60% In 2022?
Apr 29Affirm: Buy Now, Alpha Later?
Apr 16Affirm: A Software-Defined, Data Preserving, Vertically Integrated Network
Mar 22Affirm: Markets Are Panicked, But We, And Management, Have Never Been More Confident
Mar 14Affirm: A Victim Of The Tech Wreck But I Am Buying More
Mar 07Is Affirm Stock Worth Buying For Long-Term Investors? Not Even At This Price
Feb 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$750m |
| Sep 30 2023 | n/a | n/a | -US$906m |
| Jun 30 2023 | US$410k | US$35k | -US$985m |
| Mar 31 2023 | n/a | n/a | -US$966m |
| Dec 31 2022 | n/a | n/a | -US$815m |
| Sep 30 2022 | n/a | n/a | -US$652m |
| Jun 30 2022 | US$478k | US$29k | -US$707m |
| Mar 31 2022 | n/a | n/a | -US$644m |
| Dec 31 2021 | n/a | n/a | -US$877m |
| Sep 30 2021 | n/a | n/a | -US$744m |
| Jun 30 2021 | US$451m | US$10k | -US$441m |
| Mar 31 2021 | n/a | n/a | -US$283m |
| Dec 31 2020 | n/a | n/a | -US$81m |
| Sep 30 2020 | n/a | n/a | -US$99m |
| Jun 30 2020 | US$10k | US$10k | -US$113m |
Compensation vs Market: Max's total compensation ($USD409.81K) is below average for companies of similar size in the US market ($USD13.53M).
Compensation vs Earnings: Max's compensation has been consistent with company performance over the past year.
CEO
Max Levchin (47 yo)
12.3yrs
Tenure
US$409,807
Compensation
Mr. Max Roth Levchin serves as Advisor at FinRegLab, Inc. He serves as Founder, President, Chairman & CEO at Hard Valuable Fun. He founded Affirm, Inc. in 2013 and serves as its Chief Executive Officer & D...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 12.3yrs | US$409.81k | 5.5% $ 537.8m | |
| President & Director | 1.4yrs | US$5.47m | 0.62% $ 60.3m | |
| Chief Financial Officer | 5.8yrs | US$5.47m | 0.037% $ 3.7m | |
| Chief Legal Officer & Secretary | 2.8yrs | US$3.42m | 0.033% $ 3.3m | |
| Head of Investor Relations | no data | no data | no data | |
| Chief Capital Officer | no data | no data | no data | |
| Senior Vice President of Finance | no data | no data | no data | |
| Chief Revenue Officer | no data | no data | no data | |
| Senior Vice President of Revenue | no data | no data | no data | |
| Senior Vice President of Engineering | no data | no data | no data | |
| VP & Controller | no data | no data | 0.069% $ 6.8m |
4.3yrs
Average Tenure
47yo
Average Age
Experienced Management: AFRM's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 12.3yrs | US$409.81k | 5.5% $ 537.8m | |
| President & Director | 3yrs | US$5.47m | 0.62% $ 60.3m | |
| Independent Director | 3.3yrs | US$256.63k | 0.0093% $ 913.7k | |
| Independent Director | 11.3yrs | no data | 0.023% $ 2.2m | |
| Lead Independent Director | 3.3yrs | US$291.98k | 0.0093% $ 913.7k | |
| Independent Director | 11.3yrs | US$267.98k | 0.11% $ 11.1m | |
| Independent Director | 6.3yrs | US$278.98k | 0.087% $ 8.5m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 1.7yrs | US$747.68k | 0.0078% $ 762.1k |
3.3yrs
Average Tenure
50.5yo
Average Age
Experienced Board: AFRM's board of directors are considered experienced (3.3 years average tenure).