Marcus & Millichap Management
Management criteria checks 2/4
Marcus & Millichap's CEO is Hessam Nadji, appointed in Mar 2016, has a tenure of 8.17 years. total yearly compensation is $10.41M, comprised of 6.7% salary and 93.3% bonuses, including company stock and options. directly owns 0.62% of the company’s shares, worth $8.03M. The average tenure of the management team and the board of directors is 4.8 years and 10.6 years respectively.
Key information
Hessam Nadji
Chief executive officer
US$10.4m
Total compensation
| CEO salary percentage | 6.7% |
| CEO tenure | 8.2yrs |
| CEO ownership | 0.6% |
| Management average tenure | 4.8yrs |
| Board average tenure | 10.6yrs |
Recent management updates
Recent updates
We Think Marcus & Millichap, Inc.'s (NYSE:MMI) CEO Compensation Package Needs To Be Put Under A Microscope
Apr 26
At US$32.36, Is It Time To Put Marcus & Millichap, Inc. (NYSE:MMI) On Your Watch List?
Apr 24A Look At The Intrinsic Value Of Marcus & Millichap, Inc. (NYSE:MMI)
Mar 29Marcus & Millichap (NYSE:MMI) Has Announced A Dividend Of $0.25
Feb 12Why Investors Shouldn't Be Surprised By Marcus & Millichap, Inc.'s (NYSE:MMI) 27% Share Price Surge
Dec 20When Should You Buy Marcus & Millichap, Inc. (NYSE:MMI)?
Sep 25Marcus & Millichap (NYSE:MMI) Has Affirmed Its Dividend Of $0.25
Aug 28Marcus & Millichap's Q2: Struggling With Economic Challenges
Aug 07Marcus & Millichap (NYSE:MMI) Is Paying Out A Dividend Of $0.25
Aug 05When Should You Buy Marcus & Millichap, Inc. (NYSE:MMI)?
Mar 15Marcus & Millichap GAAP EPS of $0.20 beats by $0.01, revenue of $262.45M beats by $1.75M
Feb 17Marcus & Millichap declares $0.25 semi-annual dividend
Feb 10Marcus & Millichap sells Ocean County portfolio for $46M
Jan 20A Look At The Intrinsic Value Of Marcus & Millichap, Inc. (NYSE:MMI)
Jan 07Marcus & Millichap: Starting To Get Interesting
Dec 12Marcus & Millichap GAAP EPS of $0.53 misses by $0.02, revenue of $332.84M misses by $2.16M
Nov 04Marcus & Millichap Is A Great Long-Term Play
Sep 25Marcus & Millichap expanded partnership with Project Destined
Sep 16What Does Marcus & Millichap, Inc.'s (NYSE:MMI) Share Price Indicate?
Sep 13Marcus & Millichap declares $0.25 dividend, $70M buyback plan
Aug 03Here's Why We Think Marcus & Millichap (NYSE:MMI) Might Deserve Your Attention Today
Jun 23What Does Marcus & Millichap, Inc.'s (NYSE:MMI) Share Price Indicate?
Apr 19Here's Why We Think Marcus & Millichap (NYSE:MMI) Is Well Worth Watching
Mar 09What Is Marcus & Millichap, Inc.'s (NYSE:MMI) Share Price Doing?
Jan 06At US$43.17, Is Marcus & Millichap, Inc. (NYSE:MMI) Worth Looking At Closely?
Oct 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -US$38m |
| Dec 31 2023 | US$10m | US$700k | -US$34m |
| Sep 30 2023 | n/a | n/a | -US$16m |
| Jun 30 2023 | n/a | n/a | US$15m |
| Mar 31 2023 | n/a | n/a | US$66m |
| Dec 31 2022 | US$8m | US$675k | US$104m |
| Sep 30 2022 | n/a | n/a | US$158m |
| Jun 30 2022 | n/a | n/a | US$171m |
| Mar 31 2022 | n/a | n/a | US$160m |
| Dec 31 2021 | US$8m | US$563k | US$142m |
| Sep 30 2021 | n/a | n/a | US$104m |
| Jun 30 2021 | n/a | n/a | US$76m |
| Mar 31 2021 | n/a | n/a | US$45m |
| Dec 31 2020 | US$5m | US$502k | US$43m |
| Sep 30 2020 | n/a | n/a | US$40m |
| Jun 30 2020 | n/a | n/a | US$53m |
| Mar 31 2020 | n/a | n/a | US$74m |
| Dec 31 2019 | US$6m | US$600k | US$77m |
| Sep 30 2019 | n/a | n/a | US$82m |
| Jun 30 2019 | n/a | n/a | US$84m |
| Mar 31 2019 | n/a | n/a | US$85m |
| Dec 31 2018 | US$3m | US$600k | US$87m |
| Sep 30 2018 | n/a | n/a | US$70m |
| Jun 30 2018 | n/a | n/a | US$64m |
| Mar 31 2018 | n/a | n/a | US$58m |
| Dec 31 2017 | US$2m | US$600k | US$52m |
Compensation vs Market: Hessam's total compensation ($USD10.41M) is above average for companies of similar size in the US market ($USD5.66M).
Compensation vs Earnings: Hessam's compensation has increased whilst the company is unprofitable.
CEO
Hessam Nadji (58 yo)
8.2yrs
Tenure
US$10,407,564
Compensation
Mr. Hessam Nadji has been the President, Chief Executive Officer and Director of Marcus & Millichap Inc. since March 31, 2016. Prior to this, Mr. Nadji served as a Senior Executive Vice President from May...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman | 53.3yrs | US$139.98k | 36.64% $ 472.0m | |
| President | 8.2yrs | US$10.41m | 0.62% $ 8.0m | |
| Executive VP & CFO | 3.8yrs | US$1.27m | 0.045% $ 582.9k | |
| Senior VP | 8.6yrs | US$848.58k | 0.017% $ 213.6k | |
| Executive VP & COO of Western Division | 2.9yrs | US$1.56m | 0.018% $ 236.0k | |
| Executive VP & COO of Eastern Division | 5.3yrs | US$1.69m | 0.032% $ 412.6k | |
| First VP of Finance & Chief Accounting Officer | 10yrs | no data | 0.021% $ 274.6k | |
| Senior VP & Chief Information Officer | 4.3yrs | no data | no data | |
| Senior VP & Chief Legal Officer | 3.2yrs | no data | no data | |
| Senior VP & Chief Marketing Officer | 2.5yrs | no data | no data | |
| Senior Vice President of Investments | no data | no data | no data | |
| Senior Vice President of Capital Markets | no data | no data | no data |
4.8yrs
Average Tenure
58yo
Average Age
Experienced Management: MMI's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman | 53.3yrs | US$139.98k | 36.64% $ 472.0m | |
| President | 8.2yrs | US$10.41m | 0.62% $ 8.0m | |
| Independent Director | 4.8yrs | US$159.98k | 0.029% $ 375.1k | |
| Independent Director | 10.6yrs | US$159.98k | 0.056% $ 725.8k | |
| Lead Independent Director | 10.6yrs | US$164.98k | 0.043% $ 559.1k | |
| Independent Director | 10.6yrs | US$154.98k | 0.074% $ 959.0k | |
| Independent Director | 10.6yrs | US$164.98k | 0.068% $ 870.0k | |
| Independent Director | 2.5yrs | US$144.98k | 0.013% $ 165.0k |
10.6yrs
Average Tenure
75yo
Average Age
Experienced Board: MMI's board of directors are seasoned and experienced ( 10.6 years average tenure).