Remitly Global Management
Management criteria checks 4/4
Remitly Global's CEO is Matt Oppenheimer, appointed in Jan 2011, has a tenure of 13.25 years. total yearly compensation is $293.13K, comprised of 98.9% salary and 1.1% bonuses, including company stock and options. directly owns 2.48% of the company’s shares, worth $84.49M. The average tenure of the management team and the board of directors is 2.2 years and 3.2 years respectively.
Key information
Matt Oppenheimer
Chief executive officer
US$293.1k
Total compensation
| CEO salary percentage | 98.9% |
| CEO tenure | 13.3yrs |
| CEO ownership | 2.5% |
| Management average tenure | 2.2yrs |
| Board average tenure | 3.2yrs |
Recent management updates
Recent updates
Remitly: An Interesting Growth Play Is Awaiting Operating Leverage
Apr 22Remitly Global, Inc. (NASDAQ:RELY) Analysts Are Pretty Bullish On The Stock After Recent Results
Feb 24
Remitly Global, Inc. (NASDAQ:RELY) Not Lagging Industry On Growth Or Pricing
Feb 13Buy Remitly As Fears Around Marketing Spend Are Unfounded
Jan 30Remitly Global, Inc. (NASDAQ:RELY) Shares Slammed 29% But Getting In Cheap Might Be Difficult Regardless
Nov 05We're Hopeful That Remitly Global (NASDAQ:RELY) Will Use Its Cash Wisely
Oct 23Remitly Global Grows Revenue But Operating Losses Worsen
Oct 08Remitly Global: Time To Get Upbeat
Aug 28Remitly Global acquires Israeli-based Rewire for $80M
Aug 16Companies Like Remitly Global (NASDAQ:RELY) Can Afford To Invest In Growth
Jun 13Analysts Have Been Trimming Their Remitly Global, Inc. (NASDAQ:RELY) Price Target After Its Latest Report
May 08Remitly: Recovery Is On The Horizon
Apr 10Remitly Global (NASDAQ:RELY) Is In A Strong Position To Grow Its Business
Dec 23Remitly Is A Lesser-Known Play On Global Payment Apps
Dec 20Remitly Global: Transferring Wealth
Sep 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$118m |
| Sep 30 2023 | n/a | n/a | -US$102m |
| Jun 30 2023 | n/a | n/a | -US$100m |
| Mar 31 2023 | n/a | n/a | -US$119m |
| Dec 31 2022 | US$293k | US$290k | -US$114m |
| Sep 30 2022 | n/a | n/a | -US$111m |
| Jun 30 2022 | n/a | n/a | -US$91m |
| Mar 31 2022 | n/a | n/a | -US$54m |
| Dec 31 2021 | US$9m | US$290k | -US$39m |
| Sep 30 2021 | n/a | n/a | -US$31m |
| Jun 30 2021 | n/a | n/a | -US$21m |
| Mar 31 2021 | n/a | n/a | -US$27m |
| Dec 31 2020 | US$289k | US$285k | -US$33m |
Compensation vs Market: Matt's total compensation ($USD293.13K) is below average for companies of similar size in the US market ($USD6.59M).
Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.
CEO
Matt Oppenheimer (39 yo)
13.3yrs
Tenure
US$293,125
Compensation
Mr. Matthew B. Oppenheimer, also known as, Matt, Co-Founded Remitly Global, Inc. (formerly known as Remitly, Inc.) in 2011 and serves as its President, Chief Executive Officer and Director. Mr. Ocommpenhei...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 13.3yrs | US$293.13k | 2.48% $ 84.5m | |
| Co-Founder | 13.3yrs | US$3.02m | 2.21% $ 75.4m | |
| Chief Financial Officer | 1.8yrs | US$8.82m | 0.077% $ 2.6m | |
| Chief Technology Officer | 2.2yrs | US$11.60m | 0.13% $ 4.5m | |
| EVP of Customer & Culture | 2yrs | US$1.48m | 0.043% $ 1.5m | |
| Chief Accounting Officer | less than a year | no data | no data | |
| VP of Investor Relations | no data | no data | no data | |
| Executive VP of Legal & Risk and Secretary | 3.3yrs | no data | no data | |
| Chief Marketing Officer | 1.8yrs | no data | no data | |
| Executive Advisor | 2.2yrs | no data | no data | |
| Chief Business Officer | 2.3yrs | no data | 0.066% $ 2.2m | |
| Executive Vice President of FinTech Platform | 2.3yrs | no data | no data |
2.2yrs
Average Tenure
44.5yo
Average Age
Experienced Management: RELY's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | no data | US$293.13k | 2.48% $ 84.5m | |
| Co-Founder | 12.4yrs | US$3.02m | 2.21% $ 75.4m | |
| Independent Director | less than a year | no data | 0.0046% $ 154.9k | |
| Independent Director | 2.8yrs | US$225.47k | 0.96% $ 32.6m | |
| Lead Independent Director | 7.3yrs | US$224.99k | 0.043% $ 1.5m | |
| Independent Director | 2.9yrs | US$238.49k | 0.012% $ 417.7k | |
| Independent Director | less than a year | no data | 0.0053% $ 182.1k | |
| Independent Director | 6.5yrs | US$145.30k | 0.0070% $ 239.0k | |
| Independent Director | 3.4yrs | US$227.64k | 0.046% $ 1.6m |
3.2yrs
Average Tenure
51yo
Average Age
Experienced Board: RELY's board of directors are considered experienced (3.2 years average tenure).