OppFi Management
Management criteria checks 4/4
OppFi's CEO is Todd Schwartz, appointed in Jan 2012, has a tenure of 12.25 years. total yearly compensation is $80.96K, comprised of 63.7% salary and 36.3% bonuses, including company stock and options. directly owns 2.83% of the company’s shares, worth $8.29M. The average tenure of the management team and the board of directors is 3.2 years and 6 years respectively.
Key information
Todd Schwartz
Chief executive officer
US$81.0k
Total compensation
| CEO salary percentage | 63.7% |
| CEO tenure | 12.3yrs |
| CEO ownership | 2.8% |
| Management average tenure | 3.2yrs |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
OppFi's High Debt Raises Long-Term Concerns
Dec 18OppFi: Dirt Cheap With Two Caveats
Nov 12OppFi: Growth Impressive As It's Still In The Early Stages
Aug 28OppFi: Is This Lending Platform A Buy?
Aug 19Where Is OppFi Going?
Nov 13OppFi expects Q3 revenue beat, reiterates 2022 outlook amid strong demand
Oct 25OppFi: Subprime Lender Faces The Specter Of A Recession
Jul 01OppFi Inc.: A Potential Bottom
Apr 08OppFi Stock: Trading At Compressed Multiples, But Cheap Can Become Cheaper
Jan 17OppFi: Dipping A Toe In The Water At Under $5
Dec 20OppFi: Crazy Things Are Happening
Dec 13OppFi: A Real Fintech Trading Like A Value Stock, 50% Plus Upside
Oct 21CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$1m |
| Sep 30 2023 | n/a | n/a | US$8m |
| Jun 30 2023 | n/a | n/a | US$5m |
| Mar 31 2023 | n/a | n/a | US$6m |
| Dec 31 2022 | US$81k | US$52k | US$7m |
| Sep 30 2022 | n/a | n/a | US$15m |
| Jun 30 2022 | n/a | n/a | US$30m |
| Mar 31 2022 | n/a | n/a | US$2m |
| Dec 31 2021 | US$201k | n/a | US$26m |
Compensation vs Market: Todd's total compensation ($USD80.96K) is below average for companies of similar size in the US market ($USD1.62M).
Compensation vs Earnings: Todd's compensation has been consistent with company performance over the past year.
CEO
Todd Schwartz (40 yo)
12.3yrs
Tenure
US$80,960
Compensation
Mr. Todd G. Schwartz serves as Chairman of the Board at OppFi Inc. since 2022 and serves as its Executive Chairman since March 2023. He Founded OppFi Inc. in 2012 and had been its Executive Chairman since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 12.3yrs | US$80.96k | 2.83% $ 8.3m | |
| Co-Founder & Director | 12.3yrs | US$200.00k | 3.44% $ 10.1m | |
| CFO, Chief Accounting Officer and Principal Financial & Accounting Officer | 2.8yrs | US$680.41k | 0.12% $ 357.9k | |
| Chief Risk & Analytics Officer | no data | US$723.93k | 0.27% $ 789.8k | |
| Chief Operating Officer | 1.9yrs | no data | no data | |
| Chief Technology Officer | 3.2yrs | no data | no data | |
| Head of Investor Relations | 1.9yrs | no data | no data | |
| Chief Compliance & Enterprise Risk Officer | 5.6yrs | no data | no data | |
| General Counsel & Secretary | 6.3yrs | no data | no data | |
| Chief Strategy Officer & GM | 2.3yrs | no data | no data |
3.2yrs
Average Tenure
53.5yo
Average Age
Experienced Management: OPFI's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 12.3yrs | US$80.96k | 2.83% $ 8.3m | |
| Co-Founder & Director | 12.3yrs | US$200.00k | 3.44% $ 10.1m | |
| Independent Director | 2.8yrs | US$218.00k | 0.34% $ 990.1k | |
| Director | 9.3yrs | US$225.00k | 0.32% $ 929.0k | |
| Independent Director | 2.8yrs | US$229.17k | 0.34% $ 990.1k | |
| Lead Independent Director | 2.8yrs | US$242.00k | 0.17% $ 503.9k |
6.0yrs
Average Tenure
54yo
Average Age
Experienced Board: OPFI's board of directors are considered experienced (6 years average tenure).