NerdWallet Management

Management criteria checks 2/4

NerdWallet's CEO is Tim Chen, appointed in Mar 2009, has a tenure of 15.08 years. total yearly compensation is $6.55M, comprised of 10.5% salary and 89.5% bonuses, including company stock and options. directly owns 41.21% of the company’s shares, worth $412.98M. The average tenure of the management team and the board of directors is 3 years and 3.3 years respectively.

Key information

Tim Chen

Chief executive officer

US$6.5m

Total compensation

CEO salary percentage10.5%
CEO tenure15.1yrs
CEO ownership41.2%
Management average tenure3yrs
Board average tenure3.3yrs

Recent management updates

Recent updates

NerdWallet: Mismatch Between Valuations And Growth Prospects

Apr 07

NerdWallet, Inc.'s (NASDAQ:NRDS) Business Is Yet to Catch Up With Its Share Price

Feb 13
NerdWallet, Inc.'s (NASDAQ:NRDS) Business Is Yet to Catch Up With Its Share Price

NerdWallet: Growth To Continue In 2024

Jan 19

NerdWallet, Inc. (NASDAQ:NRDS) Investors Are Less Pessimistic Than Expected

Oct 28
NerdWallet, Inc. (NASDAQ:NRDS) Investors Are Less Pessimistic Than Expected

NerdWallet: Challenging Times

Sep 05

NerdWallet chief marketing officer Kelly Gillease resigns

Jul 13

Are Investors Undervaluing NerdWallet, Inc. (NASDAQ:NRDS) By 46%?

Jun 01
Are Investors Undervaluing NerdWallet, Inc. (NASDAQ:NRDS) By 46%?

The NerdWallet, Inc. (NASDAQ:NRDS) First-Quarter Results Are Out And Analysts Have Published New Forecasts

May 05
The NerdWallet, Inc. (NASDAQ:NRDS) First-Quarter Results Are Out And Analysts Have Published New Forecasts

NerdWallet: Uncertainty 1 Quarter After The IPO

Apr 15

Companies Like NerdWallet (NASDAQ:NRDS) Can Afford To Invest In Growth

Apr 05
Companies Like NerdWallet (NASDAQ:NRDS) Can Afford To Invest In Growth

NerdWallet: Attractive If Growth Continues, But Not Great For Value Investors

Mar 28

Calculating The Intrinsic Value Of NerdWallet, Inc. (NASDAQ:NRDS)

Feb 04
Calculating The Intrinsic Value Of NerdWallet, Inc. (NASDAQ:NRDS)

CEO Compensation Analysis

How has Tim Chen's remuneration changed compared to NerdWallet's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

-US$12m

Dec 31 2023US$7mUS$688k

-US$12m

Sep 30 2023n/an/a

-US$600k

Jun 30 2023n/an/a

US$600k

Mar 31 2023n/an/a

US$2m

Dec 31 2022US$5mUS$625k

-US$10m

Sep 30 2022n/an/a

-US$27m

Jun 30 2022n/an/a

-US$35m

Mar 31 2022n/an/a

-US$40m

Dec 31 2021US$5mUS$535k

-US$42m

Sep 30 2021n/an/a

-US$38m

Jun 30 2021n/an/a

-US$25m

Mar 31 2021n/an/a

-US$21m

Dec 31 2020US$534kUS$450k

US$5m

Compensation vs Market: Tim's total compensation ($USD6.55M) is above average for companies of similar size in the US market ($USD3.42M).

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


CEO

Tim Chen (40 yo)

15.1yrs

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

NamePositionTenureCompensationOwnership
Tim Chen
Co-founder15.1yrsUS$6.55m41.21%
$ 413.0m
Lauren St. Waugh
Chief Financial Officer3.3yrsUS$2.93m0.15%
$ 1.5m
Samuel Yount
Vice President of Consumer Creditno dataUS$2.03m2.36%
$ 23.6m
Caitlin MacNamee
Investor Relations Officerno datano datano data
Ekumene Lysonge
Chief Legal Officer & Corporate Secretary3yrsno datano data
Keely Spillane
Vice President of Communications & Organic Growthless than a yearno datano data
Lynee Luque
Chief People Officer2yrsno datano data
Kevin Yuann
Chief Business Officer3.1yrsUS$1.53m0.22%
$ 2.2m
Jason Rodriguez
Chief Product Officer1.3yrsno datano data
Alison McCoy
Vice President of Brand Marketingno datano datano data

3.0yrs

Average Tenure

43.5yo

Average Age

Experienced Management: NRDS's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Tim Chen
Co-founder12.3yrsUS$6.55m41.21%
$ 413.0m
Kenneth McBride
Independent Director2yrsUS$209.65k0.011%
$ 114.8k
Jan Johannessen
Board Observerno datano datano data
Gibson Biddle
Board Observerno datano datano data
Justin Moore
Board Observer3.3yrsno datano data
Lynne Laube
Independent Director3.3yrsUS$207.15k0.020%
$ 203.8k
Jennifer Ceran
Independent Director3.8yrsUS$215.15k0.020%
$ 203.8k
Maurice Taylor
Independent Director1.5yrsUS$205.15k0%
$ 0

3.3yrs

Average Tenure

55yo

Average Age

Experienced Board: NRDS's board of directors are considered experienced (3.3 years average tenure).


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