loanDepot Management
Management criteria checks 1/4
loanDepot's CEO is Frank Martell, appointed in Apr 2022, has a tenure of 2.08 years. total yearly compensation is $16.66M, comprised of 3.2% salary and 96.8% bonuses, including company stock and options. directly owns 0.35% of the company’s shares, worth $2.38M. The average tenure of the management team and the board of directors is 1.7 years and 3.3 years respectively.
Key information
Frank Martell
Chief executive officer
US$16.7m
Total compensation
| CEO salary percentage | 3.2% |
| CEO tenure | 2.1yrs |
| CEO ownership | 0.4% |
| Management average tenure | 1.7yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
Investors Continue Waiting On Sidelines For loanDepot, Inc. (NYSE:LDI)
Apr 18
loanDepot: This Is A H2 2024 Story
Mar 18A Piece Of The Puzzle Missing From loanDepot, Inc.'s (NYSE:LDI) 60% Share Price Climb
Dec 18loanDepot: New Appointments Draw Attention (Rating Upgrade)
Oct 12Cautious Investors Not Rewarding loanDepot, Inc.'s (NYSE:LDI) Performance Completely
Aug 18loanDepot: Tough Market Conditions Make Investing Risky
Jul 31Some loanDepot, Inc. (NYSE:LDI) Analysts Just Made A Major Cut To Next Year's Estimates
Mar 10loanDepot, Inc. (NYSE:LDI) Analysts Just Slashed Next Year's Estimates
Nov 12loanDepot GAAP EPS of -$0.37 misses by $0.13, revenue of $274.19M beats by $26.39M
Nov 08loanDepot expands reach in purchase mortgage market after NHC Mortgage launch
Nov 02loanDepot: Not Adding To The Depot
Oct 21loanDepot Prepares To Reduce Scale In Rapid Mortgage Market Deterioration
Jul 07Downgrade: Here's How Analysts See loanDepot, Inc. (NYSE:LDI) Performing In The Near Term
May 12loanDepot: A Not So Popular, But Interesting, Play
Apr 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$110m |
| Sep 30 2023 | n/a | n/a | -US$160m |
| Jun 30 2023 | n/a | n/a | -US$204m |
| Mar 31 2023 | n/a | n/a | -US$281m |
| Dec 31 2022 | US$17m | US$532k | -US$273m |
Compensation vs Market: Frank's total compensation ($USD16.66M) is above average for companies of similar size in the US market ($USD3.42M).
Compensation vs Earnings: Insufficient data to compare Frank's compensation with company performance.
CEO
Frank Martell (63 yo)
2.1yrs
Tenure
US$16,661,160
Compensation
Mr. Frank D. Martell has been Director at Compass, Inc. since November 2021 and serves as its Independent Director since 2021. Mr. Martell serves as President, Chief Executive Officer and Director of loanD...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman | 3.5yrs | US$4.26m | 2.4% $ 16.1m | |
| CEO, President & Director | 2.1yrs | US$16.66m | 0.35% $ 2.4m | |
| Executive VP | 1.6yrs | US$6.39m | 3.35% $ 22.5m | |
| President of LDI Mortgage | 1.7yrs | US$6.89m | 2.15% $ 14.5m | |
| Chief Financial Officer | less than a year | no data | no data | |
| Chief Operations Officer | 6.2yrs | no data | no data | |
| Executive VP & Chief Accounting Officer | less than a year | no data | 0.14% $ 924.6k | |
| Senior VP & CTO | 2.4yrs | no data | no data | |
| Executive VP & Chief Information Officer | no data | no data | no data | |
| Executive VP & Chief Administrative Officer | 4.3yrs | no data | no data | |
| Senior Vice President of Investor Relations | no data | no data | no data | |
| Chief Legal Officer & Corporate Secretary | 1.7yrs | no data | 0.026% $ 174.7k |
1.7yrs
Average Tenure
55yo
Average Age
Experienced Management: LDI's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman | 3.5yrs | US$4.26m | 2.4% $ 16.1m | |
| CEO, President & Director | 2.1yrs | US$16.66m | 0.35% $ 2.4m | |
| Non-Independent Director | 3.3yrs | US$281.25k | no data | |
| Independent Director | 3.3yrs | US$332.50k | 0.088% $ 593.8k | |
| Independent Director | 3.3yrs | US$425.00k | 0.17% $ 1.1m | |
| Non-Independent Director | 3.3yrs | US$281.25k | no data | |
| Independent Director | 1.1yrs | no data | 0.024% $ 162.6k | |
| Non-Independent Director | 2.1yrs | US$190.28k | 0.082% $ 553.1k | |
| Independent Director | 2.8yrs | US$288.70k | 0.093% $ 625.5k |
3.3yrs
Average Tenure
61yo
Average Age
Experienced Board: LDI's board of directors are considered experienced (3.3 years average tenure).