NerdWallet Management
Management criteria checks 2/4
NerdWallet's CEO is Tim Chen, appointed in Mar 2009, has a tenure of 15.67 years. total yearly compensation is $6.55M, comprised of 10.5% salary and 89.5% bonuses, including company stock and options. directly owns 43.67% of the company’s shares, worth $444.87M. The average tenure of the management team and the board of directors is 2.6 years and 3.9 years respectively.
Key information
Tim Chen
Chief executive officer
US$6.5m
Total compensation
CEO salary percentage | 10.5% |
CEO tenure | 15.7yrs |
CEO ownership | 43.7% |
Management average tenure | 2.6yrs |
Board average tenure | 3.9yrs |
Recent management updates
Recent updates
NerdWallet: Insurance Category Is Driving Hyper-Growth
Nov 08NerdWallet Is A High-Quality Business At An Inflection Point
Oct 29NerdWallet: Not Looking To Add To My Position, Downgrade To Hold
Oct 08NerdWallet: Time To Get Nerdy
Aug 06NerdWallet: Don't Miss Out On This Secular Growth Opportunity
Jun 28NerdWallet: Growth Story Remains Intact
Jun 06NerdWallet: Mismatch Between Valuations And Growth Prospects
Apr 07NerdWallet, Inc.'s (NASDAQ:NRDS) Business Is Yet to Catch Up With Its Share Price
Feb 13NerdWallet: Growth To Continue In 2024
Jan 19NerdWallet, Inc. (NASDAQ:NRDS) Investors Are Less Pessimistic Than Expected
Oct 28NerdWallet: Challenging Times
Sep 05NerdWallet chief marketing officer Kelly Gillease resigns
Jul 13Are Investors Undervaluing NerdWallet, Inc. (NASDAQ:NRDS) By 46%?
Jun 01The NerdWallet, Inc. (NASDAQ:NRDS) First-Quarter Results Are Out And Analysts Have Published New Forecasts
May 05NerdWallet: Uncertainty 1 Quarter After The IPO
Apr 15Companies Like NerdWallet (NASDAQ:NRDS) Can Afford To Invest In Growth
Apr 05NerdWallet: Attractive If Growth Continues, But Not Great For Value Investors
Mar 28CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | -US$10m |
Jun 30 2024 | n/a | n/a | -US$11m |
Mar 31 2024 | n/a | n/a | -US$12m |
Dec 31 2023 | US$7m | US$688k | -US$12m |
Sep 30 2023 | n/a | n/a | -US$600k |
Jun 30 2023 | n/a | n/a | US$600k |
Mar 31 2023 | n/a | n/a | US$2m |
Dec 31 2022 | US$5m | US$625k | -US$10m |
Sep 30 2022 | n/a | n/a | -US$27m |
Jun 30 2022 | n/a | n/a | -US$35m |
Mar 31 2022 | n/a | n/a | -US$40m |
Dec 31 2021 | US$5m | US$535k | -US$42m |
Sep 30 2021 | n/a | n/a | -US$38m |
Jun 30 2021 | n/a | n/a | -US$25m |
Mar 31 2021 | n/a | n/a | -US$21m |
Dec 31 2020 | US$534k | US$450k | US$5m |
Compensation vs Market: Tim's total compensation ($USD6.55M) is above average for companies of similar size in the US market ($USD3.15M).
Compensation vs Earnings: Tim's compensation has increased whilst the company is unprofitable.
CEO
Tim Chen (41 yo)
15.7yrs
Tenure
US$6,546,670
Compensation
Mr. Tim Chen co-founded NerdWallet, Inc. in 2009 and has been its Chief Executive Officer since March 1, 2009. He serves as Chairman of NerdWallet, Inc. since September 2021 and has been its Director since...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Co-founder | 15.7yrs | US$6.55m | 43.67% $ 444.9m | |
Chief Financial Officer | 3.9yrs | US$2.93m | 0.20% $ 2.0m | |
Chief Business Officer | less than a year | US$2.03m | 2.48% $ 25.2m | |
Investor Relations Officer | no data | no data | no data | |
Chief Legal Officer & Corporate Secretary | 3.6yrs | no data | no data | |
Vice President of Communications & Organic Growth | 1.6yrs | no data | no data | |
Chief People Officer | 2.6yrs | no data | no data | |
Chief Product Officer | 1.8yrs | no data | no data | |
Vice President of Brand Marketing | no data | no data | no data |
2.6yrs
Average Tenure
44yo
Average Age
Experienced Management: NRDS's management team is considered experienced (2.6 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Co-founder | 12.9yrs | US$6.55m | 43.67% $ 444.9m | |
Independent Director | 2.6yrs | US$209.65k | 0.045% $ 456.7k | |
Board Observer | no data | no data | no data | |
Board Observer | no data | no data | no data | |
Board Observer | 3.8yrs | no data | no data | |
Independent Director | 3.9yrs | US$207.15k | 0.042% $ 429.0k | |
Independent Director | 4.3yrs | US$215.15k | 0.034% $ 347.2k | |
Independent Director | 2.1yrs | US$205.15k | 0.021% $ 209.7k |
3.9yrs
Average Tenure
56yo
Average Age
Experienced Board: NRDS's board of directors are considered experienced (3.9 years average tenure).