Better Home & Finance Holding Management
Management criteria checks 0/4
Better Home & Finance Holding's CEO is Vishal Garg, appointed in Jan 2014, has a tenure of 10.33 years. total yearly compensation is $5.60M, comprised of 13.4% salary and 86.6% bonuses, including company stock and options. directly owns 9.25% of the company’s shares, worth $28.51M. The average tenure of the management team and the board of directors is 1.8 years and 0.8 years respectively.
Key information
Vishal Garg
Chief executive officer
US$5.6m
Total compensation
| CEO salary percentage | 13.4% |
| CEO tenure | 10.3yrs |
| CEO ownership | 9.3% |
| Management average tenure | 1.8yrs |
| Board average tenure | less than a year |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$6m | US$750k | -US$536m |
| Sep 30 2023 | n/a | n/a | -US$738m |
| Jun 30 2023 | n/a | n/a | -US$625m |
| Mar 31 2023 | n/a | n/a | -US$650m |
| Dec 31 2022 | US$750k | US$750k | -US$877m |
| Sep 30 2022 | n/a | n/a | -US$816m |
| Jun 30 2022 | n/a | n/a | -US$697m |
| Mar 31 2022 | n/a | n/a | -US$666m |
| Dec 31 2021 | US$750k | US$750k | -US$301m |
Compensation vs Market: Vishal's total compensation ($USD5.60M) is above average for companies of similar size in the US market ($USD2.42M).
Compensation vs Earnings: Vishal's compensation has increased whilst the company is unprofitable.
CEO
Vishal Garg (45 yo)
10.3yrs
Tenure
US$5,600,810
Compensation
Mr. Vishal Garg is Chairman at TheNumber, LLC. He serves as Director of Aurora Acquisition Corp. since August 11, 2023. He serves as the Co-Founder and Chief Executive Officer at Better Home & Finance Hold...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 10.3yrs | US$5.60m | 9.25% $ 28.5m | |
| CFO & President | 3.6yrs | US$13.41m | 0.35% $ 1.1m | |
| Chief Administrative Officer & Senior Counsel | 1.8yrs | US$1.64m | 1.23% $ 3.8m | |
| General Counsel | 8yrs | US$3.92m | 0.25% $ 764.0k | |
| Head of Sales | 1.8yrs | no data | no data | |
| Chief Growth Officer | 1.8yrs | no data | no data | |
| Head of Cover | 1.8yrs | no data | no data | |
| Head of Real Estate | 1.8yrs | no data | no data | |
| Head of Services | 1.8yrs | no data | no data | |
| Treasurer | no data | no data | no data |
1.8yrs
Average Tenure
53yo
Average Age
Experienced Management: BETR's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | less than a year | US$5.60m | 9.25% $ 28.5m | |
| Independent Director | less than a year | no data | 5.97% $ 18.4m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Chairman | less than a year | US$525.00k | 0.31% $ 945.6k | |
| Independent Director | less than a year | no data | 0.18% $ 567.2k | |
| Independent Director | less than a year | no data | 0.12% $ 357.8k |
0.8yrs
Average Tenure
47yo
Average Age
Experienced Board: BETR's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.