Mr. Cooper Group Management
Management criteria checks 2/4
Mr. Cooper Group's CEO is Jay Bray, appointed in Jul 2018, has a tenure of 5.75 years. total yearly compensation is $30.31M, comprised of 3.3% salary and 96.7% bonuses, including company stock and options. directly owns 1.59% of the company’s shares, worth $81.16M. The average tenure of the management team and the board of directors is 2.6 years and 5.8 years respectively.
Key information
Jay Bray
Chief executive officer
US$30.3m
Total compensation
| CEO salary percentage | 3.3% |
| CEO tenure | 5.8yrs |
| CEO ownership | 1.6% |
| Management average tenure | 2.6yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
Sentiment Still Eluding Mr. Cooper Group Inc. (NASDAQ:COOP)
Apr 05
Mr. Cooper: Potential $1 Trillion Loan Portfolio At 10x Earnings
Feb 15Not Many Are Piling Into Mr. Cooper Group Inc. (NASDAQ:COOP) Just Yet
Dec 19Why Investors Shouldn't Be Surprised By Mr. Cooper Group Inc.'s (NASDAQ:COOP) Low P/E
Apr 04Mr. Cooper Q2 2022 Earnings Preview
Jul 26Mr. Cooper Group: Prepare For A Soft Q2
May 11Do Mr. Cooper Group's (NASDAQ:COOP) Earnings Warrant Your Attention?
May 10Mr. Cooper Group: Cheap Mortgage Firm To Take Advantage Of Rising Rates
Apr 11Mr. Cooper Group: Revenues To Naturally Decline After This Year
Sep 10Shareholders May Not Be So Generous With Mr. Cooper Group Inc.'s (NASDAQ:COOP) CEO Compensation And Here's Why
May 07CFPB looks into payment error made by Mr. Cooper vendor ACI Worldwide
Apr 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$644m |
| Dec 31 2023 | US$30m | US$1m | US$500m |
| Sep 30 2023 | n/a | n/a | US$455m |
| Jun 30 2023 | n/a | n/a | US$293m |
| Mar 31 2023 | n/a | n/a | US$302m |
| Dec 31 2022 | US$11m | US$1m | US$923m |
| Sep 30 2022 | n/a | n/a | US$1b |
| Jun 30 2022 | n/a | n/a | US$1b |
| Mar 31 2022 | n/a | n/a | US$2b |
| Dec 31 2021 | US$9m | US$1m | US$1b |
| Sep 30 2021 | n/a | n/a | US$1b |
| Jun 30 2021 | n/a | n/a | US$1b |
| Mar 31 2021 | n/a | n/a | US$1b |
| Dec 31 2020 | US$9m | US$1m | US$304m |
| Sep 30 2020 | n/a | n/a | US$563m |
| Jun 30 2020 | n/a | n/a | US$466m |
| Mar 31 2020 | n/a | n/a | US$303m |
| Dec 31 2019 | US$7m | US$1m | US$256m |
| Sep 30 2019 | n/a | n/a | US$910m |
| Jun 30 2019 | n/a | n/a | US$2b |
| Mar 31 2019 | n/a | n/a | US$2b |
| Dec 31 2018 | US$25m | US$672k | US$2b |
Compensation vs Market: Jay's total compensation ($USD30.31M) is above average for companies of similar size in the US market ($USD8.28M).
Compensation vs Earnings: Jay's compensation has increased by more than 20% in the past year.
CEO
Jay Bray (56 yo)
5.8yrs
Tenure
US$30,310,962
Compensation
Mr. Jesse K. Bray, also known as Jay, has been Chairman and Chief Executive Officer at Mr. Cooper Group Inc. since July 2018 and served as President since July 2018 until June 23, 2021. Mr. Bray has been C...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 5.8yrs | US$30.31m | 1.59% $ 81.2m | |
| Executive VP & CFO | 1.1yrs | US$2.32m | 0.074% $ 3.7m | |
| Executive VP & Chief Legal Officer | 1.2yrs | US$1.81m | 0.0045% $ 229.9k | |
| Executive VP & CEO of Xome | 5.8yrs | US$2.34m | 0.082% $ 4.2m | |
| President | less than a year | no data | 0.026% $ 1.3m | |
| Executive VP & Chief Information Officer | 5.2yrs | no data | no data | |
| Executive VP & Chief Administrative Officer | 2.6yrs | no data | no data | |
| Senior Vice President of Strategic Planning & Investor Relations | no data | no data | no data | |
| Executive VP and Chief Risk & Compliance Officer | 1.1yrs | no data | no data | |
| Vice President of Corporate Communications | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | 2.6yrs | no data | no data | |
| Senior Vice President | no data | no data | no data |
2.6yrs
Average Tenure
53.5yo
Average Age
Experienced Management: COOP's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 5.8yrs | US$30.31m | 1.59% $ 81.2m | |
| Independent Director | 5.8yrs | US$320.00k | 0.10% $ 5.2m | |
| Independent Director | 8.9yrs | US$295.00k | 0.030% $ 1.5m | |
| Independent Director | 12.3yrs | US$290.00k | 0.12% $ 6.1m | |
| Independent Director | 5.3yrs | US$260.00k | 0.048% $ 2.4m | |
| Independent Lead Director | 5.8yrs | US$399.69k | 0.18% $ 9.0m | |
| Independent Director | 4.2yrs | US$255.00k | 0.030% $ 1.6m | |
| Independent Director | 2.2yrs | US$260.27k | 0.0049% $ 248.2k |
5.8yrs
Average Tenure
58.5yo
Average Age
Experienced Board: COOP's board of directors are considered experienced (5.8 years average tenure).