Redfin Management
Management criteria checks 3/4
Redfin's CEO is Glenn Kelman, appointed in Sep 2005, has a tenure of 18.58 years. total yearly compensation is $300.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 1.22% of the company’s shares, worth $8.21M. The average tenure of the management team and the board of directors is 7.2 years and 7.5 years respectively.
Key information
Glenn Kelman
Chief executive officer
US$300.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 18.6yrs |
| CEO ownership | 1.2% |
| Management average tenure | 7.2yrs |
| Board average tenure | 7.5yrs |
Recent management updates
Recent updates
Does Redfin (NASDAQ:RDFN) Have A Healthy Balance Sheet?
Mar 26
Redfin: No End In Sight To Market Share Losses
Mar 03US$7.27: That's What Analysts Think Redfin Corporation (NASDAQ:RDFN) Is Worth After Its Latest Results
Feb 29Redfin: In Need Of A Housing Correction
Feb 23Redfin Corporation: Not Out Of The Woods Yet
Jan 15Does Redfin (NASDAQ:RDFN) Have A Healthy Balance Sheet?
Oct 10Redfin Corporation (NASDAQ:RDFN) Shares Could Be 49% Below Their Intrinsic Value Estimate
Aug 09Is Redfin (NASDAQ:RDFN) Weighed On By Its Debt Load?
May 25Calculating The Fair Value Of Redfin Corporation (NASDAQ:RDFN)
Apr 28Is Redfin (NASDAQ:RDFN) Using Debt Sensibly?
Jan 28Are Investors Undervaluing Redfin Corporation (NASDAQ:RDFN) By 49%?
Dec 06Redfin Corporation (NASDAQ:RDFN) Analysts Just Trimmed Their Revenue Forecasts By 22%
Nov 11Hurricane Ian exacerbates housing market slowdown in Southwest Florida
Oct 20Redfin's Business Model Is Ill Equipped For A Slowdown
Sep 18Saga Partners - Redfin: Attractive Business Model & Competitive Advantage, Unattractive Results
Aug 30Redfin: Q2 EPS Looks Really Bad To Me, I See The Rest Of The Year As Worse - Sell
Aug 10Redfin (NASDAQ:RDFN) Has Debt But No Earnings; Should You Worry?
Jun 29Is Redfin Stock A Buy, Sell, Or Hold As Price Dips?
Jun 24Redfin: The Real Estate Slowdown Is Going To Hurt
Jun 10Saga Partners: Redfin: Business And Competitive Advantage Have Never Been Stronger
May 17Redfin's Q1: The Beautiful Hype And The Ugly Numbers
May 09What Is Redfin Corporation's (NASDAQ:RDFN) Share Price Doing?
Apr 29Continue To Avoid Redfin Corporation
Apr 26CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$127m |
| Sep 30 2023 | n/a | n/a | -US$203m |
| Jun 30 2023 | n/a | n/a | -US$230m |
| Mar 31 2023 | n/a | n/a | -US$277m |
| Dec 31 2022 | US$300k | US$300k | -US$251m |
| Sep 30 2022 | n/a | n/a | -US$253m |
| Jun 30 2022 | n/a | n/a | -US$227m |
| Mar 31 2022 | n/a | n/a | -US$182m |
| Dec 31 2021 | US$299k | US$299k | -US$98m |
| Sep 30 2021 | n/a | n/a | -US$76m |
| Jun 30 2021 | n/a | n/a | -US$23m |
| Mar 31 2021 | n/a | n/a | -US$984k |
| Dec 31 2020 | US$64k | US$63k | -US$23m |
| Sep 30 2020 | n/a | n/a | -US$43m |
| Jun 30 2020 | n/a | n/a | -US$69m |
| Mar 31 2020 | n/a | n/a | -US$74m |
| Dec 31 2019 | US$1m | US$284k | -US$81m |
| Sep 30 2019 | n/a | n/a | -US$85m |
| Jun 30 2019 | n/a | n/a | -US$89m |
| Mar 31 2019 | n/a | n/a | -US$73m |
| Dec 31 2018 | US$250k | US$250k | -US$42m |
| Sep 30 2018 | n/a | n/a | -US$32m |
| Jun 30 2018 | n/a | n/a | -US$65m |
| Mar 31 2018 | n/a | n/a | -US$175m |
| Dec 31 2017 | US$256k | US$250k | -US$191m |
Compensation vs Market: Glenn's total compensation ($USD300.00K) is below average for companies of similar size in the US market ($USD3.42M).
Compensation vs Earnings: Glenn's compensation has increased whilst the company is unprofitable.
CEO
Glenn Kelman (51 yo)
18.6yrs
Tenure
US$300,000
Compensation
Mr. Glenn Kelman has been the Chief Executive Officer and President of Redfin Corporation since September 2005. Mr. Kelman served as Vice President of Product Management and Marketing at Plumtree Software...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 18.6yrs | US$300.00k | 1.22% $ 8.2m | |
| Chief Financial Officer | 10.8yrs | US$2.38m | 0.35% $ 2.3m | |
| Chief Technology Officer | 9.2yrs | US$2.00m | 0.35% $ 2.4m | |
| Chief Human Resources Officer | 1.7yrs | US$2.91m | 0% $ 0 | |
| Advisor | 8.9yrs | US$2.65m | 0.36% $ 2.4m | |
| Head of Investor Relations | no data | no data | no data | |
| Chief Legal Officer | no data | no data | 0.013% $ 87.2k | |
| Senior Vice President of Real Estate Operations | no data | no data | no data | |
| Chief Economist | 5.5yrs | no data | no data | |
| Chief Growth Officer | 4.5yrs | US$1.86m | 0.044% $ 293.5k | |
| Senior Vice-President of Real Estate Support | 3.6yrs | no data | no data | |
| Chief Executive Officer of RentPath | no data | no data | no data |
7.2yrs
Average Tenure
47yo
Average Age
Experienced Management: RDFN's management team is seasoned and experienced (7.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 18.1yrs | US$300.00k | 1.22% $ 8.2m | |
| Independent Chairman of the Board | 6.2yrs | US$227.20k | 0.059% $ 393.3k | |
| Independent Director | 13.6yrs | US$174.22k | 0.55% $ 3.7m | |
| Independent Director | 14.4yrs | US$181.97k | 0.21% $ 1.4m | |
| Independent Director | 2.1yrs | US$191.47k | 0.055% $ 372.5k | |
| Independent Director | 10.3yrs | US$165.47k | 0.096% $ 642.4k | |
| Independent Director | 3.7yrs | US$178.59k | 0.014% $ 96.6k | |
| Independent Director | 7.5yrs | US$182.97k | 0.022% $ 148.7k | |
| Independent Director | 7.5yrs | US$194.22k | 0.021% $ 140.3k |
7.5yrs
Average Tenure
57yo
Average Age
Experienced Board: RDFN's board of directors are considered experienced (7.5 years average tenure).