Affirm Holdings, Inc.

NasdaqGS:AFRM Stock Report

Market Cap: US$20.9b

Affirm Holdings Management

Management criteria checks 2/4

Affirm Holdings' CEO is Max Levchin, appointed in Jan 2012, has a tenure of 12.83 years. total yearly compensation is $519.92K, comprised of 7.2% salary and 92.8% bonuses, including company stock and options. directly owns 5.37% of the company’s shares, worth $1.12B. The average tenure of the management team and the board of directors is 1.4 years and 3.8 years respectively.

Key information

Max Levchin

Chief executive officer

US$519.9k

Total compensation

CEO salary percentage7.2%
CEO tenure12.8yrs
CEO ownership5.4%
Management average tenure1.4yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

Affirm Holdings Could Be Set For A Breakout

Nov 19

After Leaping 26% Affirm Holdings, Inc. (NASDAQ:AFRM) Shares Are Not Flying Under The Radar

Nov 17
After Leaping 26% Affirm Holdings, Inc. (NASDAQ:AFRM) Shares Are Not Flying Under The Radar

US$48.57 - That's What Analysts Think Affirm Holdings, Inc. (NASDAQ:AFRM) Is Worth After These Results

Nov 10
US$48.57 - That's What Analysts Think Affirm Holdings, Inc. (NASDAQ:AFRM) Is Worth After These Results

Affirm: Look Beyond Next Earnings Release

Nov 05

Affirm: Still A Prime BNPL Player After A Moderate Pullback

Oct 22

Affirm Holdings Is A Buy (Technical Analysis)

Sep 17

After Leaping 71% Affirm Holdings, Inc. (NASDAQ:AFRM) Shares Are Not Flying Under The Radar

Sep 02
After Leaping 71% Affirm Holdings, Inc. (NASDAQ:AFRM) Shares Are Not Flying Under The Radar

Affirm: Unnecessary Focus On GAAP Profits

Aug 29

What You Can Learn From Affirm Holdings, Inc.'s (NASDAQ:AFRM) P/S

Jul 18
What You Can Learn From Affirm Holdings, Inc.'s (NASDAQ:AFRM) P/S

Affirm Holdings: Undervalued With Potential For Re-Rating And Long-Term Growth

Jun 20

Affirm: Significant Upside Potential, Growing Adoption With Expanding Merchants And Profitability

May 23

Affirm: More Room To Grow In A Favorable BNPL Landscape

May 16

Affirm: Acceleration Across The Board

Apr 18

Affirm: Risk-Reward Is Attractive To Initiate A Position In The Stock

Apr 06

Investors Still Waiting For A Pull Back In Affirm Holdings, Inc. (NASDAQ:AFRM)

Apr 03
Investors Still Waiting For A Pull Back In Affirm Holdings, Inc. (NASDAQ:AFRM)

Affirm Holdings: Get In Before The Fed Cuts

Mar 07

Earnings Update: Affirm Holdings, Inc. (NASDAQ:AFRM) Just Reported And Analysts Are Boosting Their Estimates

Feb 10
Earnings Update: Affirm Holdings, Inc. (NASDAQ:AFRM) Just Reported And Analysts Are Boosting Their Estimates

Affirm: The Recent Inflection In The Business Is Under-Appreciated

Jan 23

Affirm Holdings, Inc.'s (NASDAQ:AFRM) Subdued P/S Might Signal An Opportunity

Apr 18
Affirm Holdings, Inc.'s (NASDAQ:AFRM) Subdued P/S Might Signal An Opportunity

Affirm, Block, Lightspeed shares lead fintech stocks higher as investors buy the dip

Sep 28

Affirm offers 'Buy Now, Pay Later' options for INTERMIX shoppers in new partnership

Sep 21

Affirm: Considering The Share Price Implosion And The Company's Opportunities

Sep 07

Affirm FQ4 2022 Earnings Preview

Aug 24

Affirm Adaptive Checkout named BigCommerce's preferred pay-over-time option

Aug 16

CEO Compensation Analysis

How has Max Levchin's remuneration changed compared to Affirm Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$446m

Jun 30 2024US$520kUS$38k

-US$518m

Mar 31 2024n/an/a

-US$679m

Dec 31 2023n/an/a

-US$750m

Sep 30 2023n/an/a

-US$906m

Jun 30 2023US$410kUS$35k

-US$985m

Mar 31 2023n/an/a

-US$966m

Dec 31 2022n/an/a

-US$815m

Sep 30 2022n/an/a

-US$652m

Jun 30 2022US$478kUS$29k

-US$707m

Mar 31 2022n/an/a

-US$644m

Dec 31 2021n/an/a

-US$877m

Sep 30 2021n/an/a

-US$744m

Jun 30 2021US$451mUS$10k

-US$441m

Mar 31 2021n/an/a

-US$283m

Dec 31 2020n/an/a

-US$81m

Sep 30 2020n/an/a

-US$99m

Jun 30 2020US$10kUS$10k

-US$113m

Compensation vs Market: Max's total compensation ($USD519.92K) is below average for companies of similar size in the US market ($USD12.66M).

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


CEO

Max Levchin (48 yo)

12.8yrs

Tenure

US$519,920

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

NamePositionTenureCompensationOwnership
Max Levchin
Founder12.8yrsUS$519.92k5.37%
$ 1.1b
Libor Michalek
President & Director1.9yrsUS$8.34m0.61%
$ 126.6m
Michael Linford
Chief Operating Officerless than a yearUS$8.34m0.042%
$ 8.8m
Katherine Adkins
Chief Legal & Compliance Officer and Secretary3.3yrsUS$4.56m0.030%
$ 6.2m
Robert O'Hare
Chief Financial Officerno datano datano data
Siphelele Jiyane
Chief Accounting Officerless than a yearno data0.074%
$ 15.4m
Zane Keller
Head of Investor Relationsno datano datano data
Brooke Major-Reid
Chief Capital Officerno datano datano data
Wayne Pommen
Chief Revenue Officerno datano datano data
Pat Suh
Senior Vice President of Revenueno datano datano data
Geddes Munson
Senior Vice President of Engineeringno datano datano data

1.4yrs

Average Tenure

48yo

Average Age

Experienced Management: AFRM's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Max Levchin
Founder12.8yrsUS$519.92k5.37%
$ 1.1b
Libor Michalek
President & Director3.5yrsUS$8.34m0.61%
$ 126.6m
Jacqueline Reses
Non-Independent Director3.8yrsUS$253.96k0.011%
$ 2.3m
Keith Rabois
Independent Director11.8yrsno data0.031%
$ 6.4m
Brian Hughes
Independent Directorless than a yearno datano data
Jeremy Liew
Independent Director11.8yrsUS$267.96k0.11%
$ 23.4m
Christa Quarles
Lead Independent Director6.8yrsUS$278.96k0.082%
$ 17.0m
Manuel Sanchez y Madrid
Independent Directorless than a yearUS$741.57k0.0030%
$ 629.1k
Noel Watson
Independent Director2.2yrsUS$257.47k0.0091%
$ 1.9m

3.8yrs

Average Tenure

53yo

Average Age

Experienced Board: AFRM's board of directors are considered experienced (3.8 years average tenure).