Forge Global Holdings, Inc.

NYSE:FRGE Stock Report

Market Cap: US$169.5m

Forge Global Holdings Management

Management criteria checks 2/4

Forge Global Holdings' CEO is Kelly Rodriques, appointed in Jul 2018, has a tenure of 6.83 years. total yearly compensation is $4.23M, comprised of 13.6% salary and 86.4% bonuses, including company stock and options. directly owns 4.54% of the company’s shares, worth $7.70M. The average tenure of the management team and the board of directors is 2.2 years and 2.5 years respectively.

Key information

Kelly Rodriques

Chief executive officer

US$4.2m

Total compensation

CEO salary percentage13.60%
CEO tenure6.8yrs
CEO ownership4.5%
Management average tenure2.2yrs
Board average tenure2.5yrs

Recent management updates

Recent updates

Forge Global: Hold Amid Uncertainty In The Market

Apr 28

Market Cool On Forge Global Holdings, Inc.'s (NYSE:FRGE) Revenues Pushing Shares 39% Lower

Apr 05
Market Cool On Forge Global Holdings, Inc.'s (NYSE:FRGE) Revenues Pushing Shares 39% Lower
author-image

Automated Trading Platform Will Energize Private Market Ecosystem

Advanced trading platform and improved data transparency are set to enhance investor participation and drive revenue growth.

Even With A 27% Surge, Cautious Investors Are Not Rewarding Forge Global Holdings, Inc.'s (NYSE:FRGE) Performance Completely

Feb 19
Even With A 27% Surge, Cautious Investors Are Not Rewarding Forge Global Holdings, Inc.'s (NYSE:FRGE) Performance Completely

Forge Global Holdings, Inc.'s (NYSE:FRGE) Shares Leap 27% Yet They're Still Not Telling The Full Story

Dec 15
Forge Global Holdings, Inc.'s (NYSE:FRGE) Shares Leap 27% Yet They're Still Not Telling The Full Story

Analysts Have Just Cut Their Forge Global Holdings, Inc. (NYSE:FRGE) Revenue Estimates By 12%

Nov 12
Analysts Have Just Cut Their Forge Global Holdings, Inc. (NYSE:FRGE) Revenue Estimates By 12%

Analyst Estimates: Here's What Brokers Think Of Forge Global Holdings, Inc. (NYSE:FRGE) After Its Second-Quarter Report

Aug 10
Analyst Estimates: Here's What Brokers Think Of Forge Global Holdings, Inc. (NYSE:FRGE) After Its Second-Quarter Report

Forge Global: Turning Bullish On Results Beat And Positive Outlook (Rating Upgrade)

Aug 08

Analysts Have Lowered Expectations For Forge Global Holdings, Inc. (NYSE:FRGE) After Its Latest Results

Mar 29
Analysts Have Lowered Expectations For Forge Global Holdings, Inc. (NYSE:FRGE) After Its Latest Results

Forge Global Holdings, Inc. (NYSE:FRGE) Looks Just Right With A 42% Price Jump

Mar 27
Forge Global Holdings, Inc. (NYSE:FRGE) Looks Just Right With A 42% Price Jump

Investors Appear Satisfied With Forge Global Holdings, Inc.'s (NYSE:FRGE) Prospects As Shares Rocket 29%

Dec 22
Investors Appear Satisfied With Forge Global Holdings, Inc.'s (NYSE:FRGE) Prospects As Shares Rocket 29%

Forge Global: No Catalysts In Sight

Nov 14

Forge Global: Consider Both Q2 Miss And H2 Outlook

Aug 09

Forge Global Holdings, Inc. (NYSE:FRGE) Just Reported, And Analysts Assigned A US$3.23 Price Target

May 11
Forge Global Holdings, Inc. (NYSE:FRGE) Just Reported, And Analysts Assigned A US$3.23 Price Target

Forge Global Holdings, Inc.'s (NYSE:FRGE) Business Is Yet to Catch Up With Its Share Price

May 08
Forge Global Holdings, Inc.'s (NYSE:FRGE) Business Is Yet to Catch Up With Its Share Price

Analysts Are More Bearish On Forge Global Holdings, Inc. (NYSE:FRGE) Than They Used To Be

Mar 06
Analysts Are More Bearish On Forge Global Holdings, Inc. (NYSE:FRGE) Than They Used To Be

CEO Compensation Analysis

How has Kelly Rodriques's remuneration changed compared to Forge Global Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

-US$64m

Dec 31 2024US$4mUS$575k

-US$66m

Sep 30 2024n/an/a

-US$76m

Jun 30 2024n/an/a

-US$76m

Mar 31 2024n/an/a

-US$88m

Dec 31 2023US$5mUS$575k

-US$90m

Sep 30 2023n/an/a

-US$91m

Jun 30 2023n/an/a

-US$88m

Mar 31 2023n/an/a

-US$69m

Dec 31 2022US$22mUS$575k

-US$112m

Sep 30 2022n/an/a

-US$92m

Jun 30 2022n/an/a

-US$81m

Mar 31 2022n/an/a

-US$84m

Dec 31 2021US$10mUS$502k

-US$18m

Sep 30 2021n/an/a

-US$14m

Dec 31 2020US$888kUS$382k

-US$10m

Compensation vs Market: Kelly's total compensation ($USD4.23M) is above average for companies of similar size in the US market ($USD1.69M).

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


CEO

Kelly Rodriques (58 yo)

6.8yrs
Tenure
US$4,226,783
Compensation

Mr. Kelly A. Rodriques serves as Chief Executive Officer at Forge Global Holdings, Inc. (formerly known as Forge Global, Inc.) since July 2018 and serves as its Director. He serves as a Co-Managing Partner...


Leadership Team

NamePositionTenureCompensationOwnership
Kelly Rodriques
CEO & Director6.8yrsUS$4.23m4.54%
$ 7.7m
Mark Lee
Chief of Strategic Wealth Solutionsless than a yearUS$2.37m1.34%
$ 2.3m
Jennifer Phillips
Chief Revenue & Growth Officer1.1yrsUS$1.84m0.16%
$ 275.8k
James Nevin
Chief Financial Officerless than a yearno data0.028%
$ 48.2k
Catherine Dondzila
Chief Accounting Officer2.1yrsno datano data
Vidya Eashwer
Chief Technology Officer2.6yrsno datano data
Dominic Paschel
Senior Vice President of Finance & Investor Relations3.3yrsno datano data
Frank Lennox
Senior VP & Head of Compliance2.8yrsno datano data
Lindsay Riddell
Senior VP & Head of Global Communicationsno datano datano data
Victoria Hughes
Chief People Officer2.3yrsno datano data
Roanne Lee
Senior VP & Head of Growth Marketingno datano datano data
Jay Hinton
Head of Product1.4yrsno datano data
2.2yrs
Average Tenure
58yo
Average Age

Experienced Management: FRGE's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kelly Rodriques
CEO & Directorno dataUS$4.23m4.54%
$ 7.7m
Asiff Hirji
Independent Director2.9yrsUS$241.36k0.62%
$ 1.1m
Kimberley Vogel
Independent Director3.2yrsUS$283.23k0.15%
$ 250.6k
Lawrence Leibowitz
Independent Director1.2yrsUS$444.82k0.069%
$ 117.0k
Deborah Chrapaty
Independent Director2.1yrsUS$228.09k0.15%
$ 261.1k
Ashwin Kumar
Independent Director3.2yrsUS$231.23k0.11%
$ 192.6k
Brian McDonald
Independent Directorless than a yearno datano data
2.5yrs
Average Tenure
58yo
Average Age

Experienced Board: FRGE's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/27 12:57
End of Day Share Price 2025/05/27 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Forge Global Holdings, Inc. is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Devin RyanCitizens JMP Securities, LLC
Kenneth WorthingtonJ.P. Morgan
Owen LauOppenheimer & Co. Inc.