Upstart Holdings Management
Management criteria checks 4/4
Upstart Holdings' CEO is Dave Girouard, appointed in Dec 2013, has a tenure of 12.92 years. total yearly compensation is $7.12M, comprised of 6.5% salary and 93.5% bonuses, including company stock and options. directly owns 11.77% of the company’s shares, worth $773.35M. The average tenure of the management team and the board of directors is 8 years and 5.4 years respectively.
Key information
Dave Girouard
Chief executive officer
US$7.1m
Total compensation
| CEO salary percentage | 6.5% |
| CEO tenure | 11yrs |
| CEO ownership | 11.8% |
| Management average tenure | 8yrs |
| Board average tenure | 5.4yrs |
Recent management updates
Recent updates
Upstart: Poised For Another Breakout
Dec 05Rainbows and Unicorns: Upstart Holdings, Inc. (NASDAQ:UPST) Analysts Just Became A Lot More Optimistic
Nov 12
Upstart: This Is The Perfect Time To Sell (Rating Downgrade)
Nov 10Upstart: Sell Strength (Rating Downgrade)
Oct 26Upstart Holdings, Inc. - Start Of Profit Taking And A Pullback
Oct 17Upstart Holdings, Inc.'s (NASDAQ:UPST) P/S Is Still On The Mark Following 28% Share Price Bounce
Oct 11Things Are Looking Up For Upstart As We Enter An Easing Cycle
Sep 24Why I Sold Upstart (Ratings Downgrade)
Sep 12Upstart Can Move Higher On Short Interest, Efficiency Gains
Aug 22Investors Appear Satisfied With Upstart Holdings, Inc.'s (NASDAQ:UPST) Prospects As Shares Rocket 32%
Aug 18Upstart Q2 Earnings: A Lofty Price Of 50x EBITDA For This Fintech
Aug 07Navigating Uncertainty: Understanding The Risks And Rewards Of Investing In Upstart Holdings
Jul 25Upstart: Turning A Corner With Growth And Profitability To Return
Jul 12Upstart Holdings, Inc.'s (NASDAQ:UPST) Shareholders Might Be Looking For Exit
Jun 13Upstart: Buy Weakness (Rating Upgrade)
Jun 12Upstart: A Great Anti-Cyclical AI Lending Bet
May 24Upstart: The Bonds With The 13% YTM Remain The Best Play
May 08Upstart: A Coiled Spring Waiting For Lower Interest Rates (Rating Upgrade)
Apr 23Upstart Holdings: Lower Volumes Likely To Persist
Apr 05Upstart Holdings: Still Too Risky
Mar 24Upstart Holdings, Inc. (NASDAQ:UPST) Shares Slammed 25% But Getting In Cheap Might Be Difficult Regardless
Mar 13Upstart Holdings: A No-Brainer Buy Before The Fed Shift Kicks Off
Mar 12Upstart: An Uphill Battle
Mar 05Upstart: I Warned About Its Overhype In December - What's Next (Upgrade)
Feb 22Upstart Q4: Struggles With Debt And Profitability Challenges (Downgrade)
Feb 14Upstart Holdings, Inc. (NASDAQ:UPST) Analysts Just Cut Their EPS Forecasts Substantially
Feb 14Upstart: Red Flags Of The AI Model And The Company's Response
Feb 07Upstart's Upcoming Q4 Drama: Bullish Dreams And The Borrowing Blues
Feb 01Upstart: Indicators Suggest Weak Start To 2024 (Downgrade)
Jan 23After Leaping 54% Upstart Holdings, Inc. (NASDAQ:UPST) Shares Are Not Flying Under The Radar
Dec 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$168m |
| Jun 30 2024 | n/a | n/a | -US$202m |
| Mar 31 2024 | n/a | n/a | -US$175m |
| Dec 31 2023 | US$7m | US$460k | -US$240m |
| Sep 30 2023 | n/a | n/a | -US$253m |
| Jun 30 2023 | n/a | n/a | -US$269m |
| Mar 31 2023 | n/a | n/a | -US$271m |
| Dec 31 2022 | US$10m | US$460k | -US$109m |
| Sep 30 2022 | n/a | n/a | US$6m |
| Jun 30 2022 | n/a | n/a | US$91m |
| Mar 31 2022 | n/a | n/a | US$158m |
| Dec 31 2021 | US$15m | US$455k | US$135m |
| Sep 30 2021 | n/a | n/a | US$76m |
| Jun 30 2021 | n/a | n/a | US$49m |
| Mar 31 2021 | n/a | n/a | US$9m |
| Dec 31 2020 | US$9m | US$397k | US$0 |
| Sep 30 2020 | n/a | n/a | US$6m |
| Dec 31 2019 | US$360k | US$360k | -US$466k |
Compensation vs Market: Dave's total compensation ($USD7.12M) is about average for companies of similar size in the US market ($USD7.97M).
Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.
CEO
Dave Girouard (58 yo)
11yrs
Tenure
US$7,115,630
Compensation
Mr. David J. Girouard, also known as Dave, is the Co-Founder of Upstart Holdings, Inc. and has been its Chief Executive Officer and Chairperson of the Board since December 2013. Mr. Girouard has been Direc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 11yrs | US$7.12m | 11.77% $ 773.3m | |
| Co-Founder | 2.4yrs | US$5.72m | 0.74% $ 48.5m | |
| Chief Financial Officer | 8yrs | US$5.74m | 0.13% $ 8.6m | |
| Chief Legal Officer & Corporate Secretary | 2yrs | US$687.76k | 0.056% $ 3.7m | |
| Co-Founder & Senior VP of Business Operations | 12.6yrs | US$2.28m | no data | |
| VP of Investor Relations | no data | no data | no data | |
| Chief Compliance Officer | no data | no data | no data | |
| Corporate Controller | no data | no data | 0.012% $ 791.2k |
8.0yrs
Average Tenure
47yo
Average Age
Experienced Management: UPST's management team is seasoned and experienced (8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 12.9yrs | US$7.12m | 11.77% $ 773.3m | |
| Co-Founder | 9.7yrs | US$5.72m | 0.74% $ 48.5m | |
| Independent Director | 3.5yrs | US$268.45k | 0.018% $ 1.2m | |
| Lead Independent Director | 4.8yrs | US$296.95k | 0% $ 0 | |
| Independent Director | 5.8yrs | US$284.45k | 0.020% $ 1.3m | |
| Independent Director | 5yrs | US$274.45k | 0.019% $ 1.3m | |
| Independent Director | 3.8yrs | US$279.45k | 0.020% $ 1.3m | |
| Independent Director | 6.7yrs | US$282.45k | 0.020% $ 1.3m |
5.4yrs
Average Tenure
54.5yo
Average Age
Experienced Board: UPST's board of directors are considered experienced (5.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 05:30 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Upstart Holdings, Inc. is covered by 22 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Ramsey El-Assal | Barclays |
| Nathaniel Schindler | BofA Global Research |