Remitly Global, Inc.

NasdaqGS:RELY Stock Report

Market Cap: US$3.8b

Remitly Global Management

Management criteria checks 4/4

Remitly Global's CEO is Matt Oppenheimer, appointed in Jan 2011, has a tenure of 13.83 years. total yearly compensation is $291.15K, comprised of 99.6% salary and 0.4% bonuses, including company stock and options. directly owns 2.29% of the company’s shares, worth $87.74M. The average tenure of the management team and the board of directors is 2.8 years and 3.5 years respectively.

Key information

Matt Oppenheimer

Chief executive officer

US$291.1k

Total compensation

CEO salary percentage99.6%
CEO tenure13.8yrs
CEO ownership2.3%
Management average tenure2.8yrs
Board average tenure3.5yrs

Recent management updates

Recent updates

A Piece Of The Puzzle Missing From Remitly Global, Inc.'s (NASDAQ:RELY) 38% Share Price Climb

Nov 02
A Piece Of The Puzzle Missing From Remitly Global, Inc.'s (NASDAQ:RELY) 38% Share Price Climb

Remitly Faces Softening Global Macro Conditions (Rating Downgrade)

Sep 06

Fewer Investors Than Expected Jumping On Remitly Global, Inc. (NASDAQ:RELY)

Aug 28
Fewer Investors Than Expected Jumping On Remitly Global, Inc. (NASDAQ:RELY)

Remitly Global: Solid Macro Tailwinds And Track Record Of Growth

Jun 28

Slammed 26% Remitly Global, Inc. (NASDAQ:RELY) Screens Well Here But There Might Be A Catch

May 03
Slammed 26% Remitly Global, Inc. (NASDAQ:RELY) Screens Well Here But There Might Be A Catch

Remitly: An Interesting Growth Play Is Awaiting Operating Leverage

Apr 22

Remitly Global, Inc. (NASDAQ:RELY) Analysts Are Pretty Bullish On The Stock After Recent Results

Feb 24
Remitly Global, Inc. (NASDAQ:RELY) Analysts Are Pretty Bullish On The Stock After Recent Results

Remitly Global, Inc. (NASDAQ:RELY) Not Lagging Industry On Growth Or Pricing

Feb 13
Remitly Global, Inc. (NASDAQ:RELY) Not Lagging Industry On Growth Or Pricing

Buy Remitly As Fears Around Marketing Spend Are Unfounded

Jan 30

Remitly Global, Inc. (NASDAQ:RELY) Shares Slammed 29% But Getting In Cheap Might Be Difficult Regardless

Nov 05
Remitly Global, Inc. (NASDAQ:RELY) Shares Slammed 29% But Getting In Cheap Might Be Difficult Regardless

We're Hopeful That Remitly Global (NASDAQ:RELY) Will Use Its Cash Wisely

Oct 23
We're Hopeful That Remitly Global (NASDAQ:RELY) Will Use Its Cash Wisely

Remitly Global Grows Revenue But Operating Losses Worsen

Oct 08

Remitly Global: Time To Get Upbeat

Aug 28

Remitly Global acquires Israeli-based Rewire for $80M

Aug 16

CEO Compensation Analysis

How has Matt Oppenheimer's remuneration changed compared to Remitly Global's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$66m

Jun 30 2024n/an/a

-US$104m

Mar 31 2024n/an/a

-US$111m

Dec 31 2023US$291kUS$290k

-US$118m

Sep 30 2023n/an/a

-US$102m

Jun 30 2023n/an/a

-US$100m

Mar 31 2023n/an/a

-US$119m

Dec 31 2022US$293kUS$290k

-US$114m

Sep 30 2022n/an/a

-US$111m

Jun 30 2022n/an/a

-US$91m

Mar 31 2022n/an/a

-US$54m

Dec 31 2021US$9mUS$290k

-US$39m

Sep 30 2021n/an/a

-US$31m

Jun 30 2021n/an/a

-US$21m

Mar 31 2021n/an/a

-US$27m

Dec 31 2020US$289kUS$285k

-US$33m

Compensation vs Market: Matt's total compensation ($USD291.15K) is below average for companies of similar size in the US market ($USD6.66M).

Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.

CEO

Matt Oppenheimer (40 yo)

13.8yrs

Tenure

US$291,149

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

NamePositionTenureCompensationOwnership
Matthew Oppenheimer
Co-Founder13.8yrsUS$291.15k2.29%
$ 87.7m
Joshua Hug
Co-Founder & COO13.8yrsUS$4.12m2.11%
$ 80.8m
Rene Yoakum
Executive Vice President of Customer & Culture2.5yrsUS$3.17m0.062%
$ 2.4m
Pankaj Sharma
Chief Business Officer2.9yrsUS$3.95m0.079%
$ 3.0m
Vikas Mehta
Chief Financial Officerless than a yearno datano data
Gail Miller
Chief Accounting Officer1.5yrsno data0.0097%
$ 371.9k
Ankur Sinha
Chief Technology Officer2.8yrsUS$11.60m0.17%
$ 6.3m
Stephen Shulstein
Vice President of Investor Relationsno datano datano data
Saema Somalya
Chief Legal & Corporate Affairs Officer3.9yrsno datano data
Rina Hahn
Chief Marketing Officer2.4yrsno datano data
Ronit Peled
Chief People Officerless than a yearno datano data
Karim Meghji
Executive Advisor2.8yrsno datano data

2.8yrs

Average Tenure

46yo

Average Age

Experienced Management: RELY's management team is considered experienced (2.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Matthew Oppenheimer
Co-Founderno dataUS$291.15k2.29%
$ 87.7m
Phyllis Campbell
Independent Director1.6yrsUS$547.46k0.0090%
$ 343.6k
Nigel Morris
Independent Director3.3yrsUS$205.09k0.92%
$ 35.2m
Phillip Riese
Lead Independent Director7.9yrsUS$226.79k0.052%
$ 2.0m
Margaret Smyth
Independent Director3.5yrsUS$216.93k0.017%
$ 648.4k
Ryno Blignaut
Independent Director1.6yrsUS$547.46k0.010%
$ 391.1k
Laurent Le Moal
Independent Director7.1yrsUS$204.60k0.012%
$ 449.0k
Bora Chung
Independent Director4yrsUS$212.00k0.055%
$ 2.1m

3.5yrs

Average Tenure

56yo

Average Age

Experienced Board: RELY's board of directors are considered experienced (3.5 years average tenure).