Finance of America Companies Management
Management criteria checks 2/4
Finance of America Companies' CEO is Graham Fleming, appointed in Jul 2022, has a tenure of 1.83 years. total yearly compensation is $3.01M, comprised of 28.2% salary and 71.8% bonuses, including company stock and options. directly owns 1.35% of the company’s shares, worth $1.75M. The average tenure of the management team and the board of directors is 1.8 years and 3.1 years respectively.
Key information
Graham Fleming
Chief executive officer
US$3.0m
Total compensation
| CEO salary percentage | 28.2% |
| CEO tenure | 1.8yrs |
| CEO ownership | 1.4% |
| Management average tenure | 1.8yrs |
| Board average tenure | 3.1yrs |
Recent management updates
Recent updates
These Analysts Think Finance Of America Companies Inc.'s (NYSE:FOA) Sales Are Under Threat
Aug 17
Finance of America to sell its commercial lending business to Roc Capital
Feb 21Finance of America surges after deal to acquire assets of American Advisors
Dec 07Finance of America Non-GAAP EPS of -$0.10, revenue of $71.1M
Nov 09The Consensus EPS Estimates For Finance Of America Companies Inc. (NYSE:FOA) Just Fell A Lot
Aug 11Finance Of America Companies Inc. (NYSE:FOA) Analysts Just Trimmed Their Revenue Forecasts By 16%
May 12Finance of America: Why There Is A Lot To Like About This Stock
Sep 21A Bounce Coming For Finance Of America
Sep 09Finance of America stock soars after index inclusion, Raymond James upgrade
Jun 15CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$3m | US$850k | -US$28m |
| Sep 30 2023 | n/a | n/a | -US$251m |
| Jun 30 2023 | n/a | n/a | -US$184m |
| Mar 31 2023 | n/a | n/a | -US$152m |
| Dec 31 2022 | US$3m | US$850k | US$199m |
| Sep 30 2022 | n/a | n/a | -US$672m |
| Jun 30 2022 | n/a | n/a | -US$546m |
| Mar 31 2022 | n/a | n/a | -US$487m |
| Dec 31 2021 | US$18m | US$644k | -US$372m |
| Sep 30 2021 | n/a | n/a | US$175m |
| Jun 30 2021 | n/a | n/a | US$400m |
| Mar 31 2021 | n/a | n/a | US$665m |
| Dec 31 2020 | US$4m | US$300k | US$518m |
| Sep 30 2020 | n/a | n/a | US$378m |
| Jun 30 2020 | n/a | n/a | US$170m |
| Mar 31 2020 | n/a | n/a | US$24m |
| Dec 31 2019 | US$2m | US$300k | US$54m |
Compensation vs Market: Graham's total compensation ($USD3.01M) is above average for companies of similar size in the US market ($USD667.96K).
Compensation vs Earnings: Graham's compensation has been consistent with company performance over the past year.
CEO
Graham Fleming (54 yo)
1.8yrs
Tenure
US$3,009,901
Compensation
Mr. Graham A. Fleming serves as Chief Executive Officer of Finance Of America Companies Inc. since April 05, 2023 and served as its Interim Chief Financial Officer since October 13, 2023 until November 15,...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman of the Board | no data | US$200.00k | 11.66% $ 15.1m | |
| Chief Executive Officer | 1.8yrs | US$3.01m | 1.35% $ 1.8m | |
| President | 1.1yrs | US$1.70m | 0.54% $ 695.0k | |
| Chief Investment Officer | 3.1yrs | US$3.01m | 1.03% $ 1.3m | |
| Chief Financial Officer | less than a year | no data | no data | |
| Chief Accounting Officer | 8.9yrs | US$2.36m | 0.14% $ 182.0k | |
| Chief Legal Officer | 1.7yrs | no data | 0.19% $ 251.8k | |
| Senior Vice President of Finance | no data | no data | no data | |
| President of Finance of America Commercial LLC | no data | no data | no data |
1.8yrs
Average Tenure
51yo
Average Age
Experienced Management: FOA's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman of the Board | no data | US$200.00k | 11.66% $ 15.1m | |
| Independent Director | 3.1yrs | US$200.00k | 0.13% $ 165.0k | |
| Independent Director | 3.1yrs | US$200.00k | 0.13% $ 165.0k | |
| Independent Director | 3.1yrs | US$200.00k | 1.58% $ 2.0m | |
| Independent Director | 3.1yrs | US$200.00k | 0.13% $ 165.0k |
3.1yrs
Average Tenure
60yo
Average Age
Experienced Board: FOA's board of directors are considered experienced (3.1 years average tenure).