Offerpad Solutions Management
Management criteria checks 3/4
Offerpad Solutions' CEO is Brian Bair, appointed in Jul 2015, has a tenure of 8.75 years. total yearly compensation is $1.78M, comprised of 36.6% salary and 63.4% bonuses, including company stock and options. directly owns 3.88% of the company’s shares, worth $8.79M. The average tenure of the management team and the board of directors is 2.8 years and 2.6 years respectively.
Key information
Brian Bair
Chief executive officer
US$1.8m
Total compensation
| CEO salary percentage | 36.6% |
| CEO tenure | 8.8yrs |
| CEO ownership | 3.9% |
| Management average tenure | 2.8yrs |
| Board average tenure | 2.6yrs |
Recent management updates
Recent updates
Health Check: How Prudently Does Offerpad Solutions (NYSE:OPAD) Use Debt?
Apr 04
Offerpad Solutions: Retaining Sell Rating With Headwinds Getting Stronger
Feb 13Even With A 28% Surge, Cautious Investors Are Not Rewarding Offerpad Solutions Inc.'s (NYSE:OPAD) Performance Completely
Nov 29Offerpad Solutions: 5 Headwinds That May Be Too Strong To Overcome
Oct 04Offerpad Solutions: Flawed Business Model, Insiders Selling Out Positions
Jun 28Need To Know: The Consensus Just Cut Its Offerpad Solutions Inc. (NYSE:OPAD) Estimates For 2023
May 08Offerpad Solutions Inc. (NYSE:OPAD) Just Reported And Analysts Have Been Cutting Their Estimates
May 06Offerpad Solutions enters into $90M private placement
Feb 01Which iBuyer Could Stage A Recovery In 2023, Opendoor Or Offerpad?
Dec 26Bearish: Analysts Just Cut Their Offerpad Solutions Inc. (NYSE:OPAD) Revenue and EPS estimates
Nov 11Offerpad Solutions GAAP EPS of $0.04, revenue of $1.1B, Q3 outlook below consensus
Aug 03Offerpad Solutions: Solid Business Concept, Poor Timing
Jun 21Calculating The Intrinsic Value Of Offerpad Solutions Inc. (NYSE:OPAD)
Jun 03Investors Shouldn't Be Too Comfortable With Offerpad Solutions' (NYSE:OPAD) Robust Earnings
Mar 02Opendoor And Offerpad: iBuying Sector Is The Next Step In Real Estate Evolution
Feb 19Offerpad Solutions Looks Overvalued Based On Fundamentals
Sep 21CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$2m | US$650k | -US$117m |
| Sep 30 2023 | n/a | n/a | -US$223m |
| Jun 30 2023 | n/a | n/a | -US$283m |
| Mar 31 2023 | n/a | n/a | -US$249m |
| Dec 31 2022 | US$8m | US$650k | -US$149m |
| Sep 30 2022 | n/a | n/a | -US$15m |
| Jun 30 2022 | n/a | n/a | US$50m |
| Mar 31 2022 | n/a | n/a | US$48m |
| Dec 31 2021 | US$784k | US$450k | US$6m |
| Sep 30 2021 | n/a | n/a | -US$8m |
| Jun 30 2021 | n/a | n/a | US$5m |
| Mar 31 2021 | n/a | n/a | -US$12m |
| Dec 31 2020 | US$460k | US$269k | -US$23m |
Compensation vs Market: Brian's total compensation ($USD1.78M) is about average for companies of similar size in the US market ($USD1.62M).
Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.
CEO
Brian Bair (46 yo)
8.8yrs
Tenure
US$1,775,885
Compensation
Mr. Brian Bair is Founder, Chief Executive Officer and Director at Offerpad Solutions Inc since July 2015 and has been its Chairman of the Board since September 2021. Mr.?Bair has had a strong influence in...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 8.8yrs | US$1.78m | 3.88% $ 8.8m | |
| Senior VP of Finance & Investor Relations and Principal Financial Officer | less than a year | US$379.46k | 0.0039% $ 8.8k | |
| Chief Legal Officer & Secretary | 3.5yrs | US$628.97k | 0.0075% $ 16.9k | |
| Senior VP | 2yrs | no data | 0.0026% $ 5.8k | |
| Chief Information Officer | no data | no data | no data | |
| Chief Real Estate Officer | no data | US$313.00k | no data | |
| Chief Risk Officer | no data | no data | no data | |
| Senior Vice President of People Operations | no data | no data | no data | |
| Chief Performance Officer | no data | no data | no data |
2.8yrs
Average Tenure
42.5yo
Average Age
Experienced Management: OPAD's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 8.8yrs | US$1.78m | 3.88% $ 8.8m | |
| Independent Director | 2.6yrs | US$105.24k | 1.75% $ 4.0m | |
| Independent Director | 2.6yrs | US$110.24k | 0.0024% $ 5.5k | |
| Lead Independent Director | 2.6yrs | US$130.24k | 0.23% $ 515.6k | |
| Director | 2.6yrs | no data | 11.15% $ 25.2m | |
| Independent Director | 2.6yrs | US$110.24k | 0.0085% $ 19.3k | |
| Independent Director | 2.6yrs | US$95.24k | 0.011% $ 23.9k |
2.6yrs
Average Tenure
53yo
Average Age
Experienced Board: OPAD's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.