loanDepot Management
Management criteria checks 3/4
loanDepot's CEO is Frank Martell, appointed in Apr 2022, has a tenure of 2.58 years. total yearly compensation is $8.27M, comprised of 9.7% salary and 90.3% bonuses, including company stock and options. directly owns 0.68% of the company’s shares, worth $5.15M. The average tenure of the management team and the board of directors is 2.2 years and 3.5 years respectively.
Key information
Frank Martell
Chief executive officer
US$8.3m
Total compensation
| CEO salary percentage | 9.7% |
| CEO tenure | 2.6yrs |
| CEO ownership | 0.7% |
| Management average tenure | 2.2yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
It's Down 25% But loanDepot, Inc. (NYSE:LDI) Could Be Riskier Than It Looks
Oct 23
The Market Lifts loanDepot, Inc. (NYSE:LDI) Shares 25% But It Can Do More
Aug 14Investors Continue Waiting On Sidelines For loanDepot, Inc. (NYSE:LDI)
Apr 18loanDepot: 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 08CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$92m |
| Jun 30 2024 | n/a | n/a | -US$110m |
| Mar 31 2024 | n/a | n/a | -US$101m |
| Dec 31 2023 | US$8m | US$800k | -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$273m |
Compensation vs Market: Frank's total compensation ($USD8.27M) is above average for companies of similar size in the US market ($USD3.21M).
Compensation vs Earnings: Frank's compensation has been consistent with company performance over the past year.
CEO
Frank Martell (64 yo)
2.6yrs
Tenure
US$8,265,534
Compensation
Mr. Frank D. Martell serves as Director at SmartRent, Inc. since June 2024. He has been Director at Compass, Inc. since November 2021 and serves as its Independent Director since 2021. Mr. Martell serves a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman | 4yrs | US$376.07k | 3.99% $ 30.2m | |
| CEO, President & Director | 2.6yrs | US$8.27m | 0.68% $ 5.2m | |
| Executive VP | 2.1yrs | US$2.50m | 3.33% $ 25.2m | |
| President of LDI Mortgage | 2.2yrs | US$2.95m | 2.1% $ 15.9m | |
| Chief Financial Officer | 1.4yrs | no data | 0.11% $ 802.2k | |
| Chief Operations Officer | 6.7yrs | no data | no data | |
| Executive VP & Chief Accounting Officer | 1.3yrs | no data | 0.15% $ 1.1m | |
| Senior VP & CTO | 2.9yrs | no data | no data | |
| Executive VP & Chief Information Officer | no data | no data | no data | |
| Executive VP & Chief Administrative Officer | 4.8yrs | no data | no data | |
| Senior Vice President of Investor Relations | no data | no data | no data | |
| Chief Legal Officer & Corporate Secretary | 2.2yrs | no data | 0.068% $ 518.1k |
2.2yrs
Average Tenure
56yo
Average Age
Experienced Management: LDI's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman | 4yrs | US$376.07k | 3.99% $ 30.2m | |
| CEO, President & Director | 2.6yrs | US$8.27m | 0.68% $ 5.2m | |
| Non-Independent Director | 3.8yrs | US$208.33k | no data | |
| Independent Director | 3.8yrs | US$268.33k | 0.10% $ 762.4k | |
| Non-Independent Director | 3.8yrs | US$208.33k | no data | |
| Independent Director | 1.6yrs | US$176.15k | 0.039% $ 295.3k | |
| Non-Independent Director | 2.6yrs | US$208.33k | 0.095% $ 718.2k | |
| Independent Director | 3.3yrs | US$208.33k | 0.11% $ 796.6k |
3.5yrs
Average Tenure
61yo
Average Age
Experienced Board: LDI's board of directors are considered experienced (3.5 years average tenure).