This company has been acquired
Matterport Management
Management criteria checks 3/4
Matterport's CEO is Raymond Pittman, appointed in Dec 2018, has a tenure of 6.17 years. total yearly compensation is $3.44M, comprised of 11.8% salary and 88.2% bonuses, including company stock and options. directly owns 1.45% of the company’s shares, worth $25.93M. The average tenure of the management team and the board of directors is 3.5 years and 3.6 years respectively.
Key information
Raymond Pittman
Chief executive officer
US$3.4m
Total compensation
| CEO salary percentage | 11.81% |
| CEO tenure | 6.2yrs |
| CEO ownership | 1.5% |
| Management average tenure | 3.5yrs |
| Board average tenure | 3.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | -US$257m |
| Sep 30 2024 | n/a | n/a | -US$260m |
| Jun 30 2024 | n/a | n/a | -US$266m |
| Mar 31 2024 | n/a | n/a | -US$181m |
| Dec 31 2023 | US$3m | US$406k | -US$199m |
| Sep 30 2023 | n/a | n/a | -US$215m |
| Jun 30 2023 | n/a | n/a | -US$229m |
| Mar 31 2023 | n/a | n/a | -US$237m |
| Dec 31 2022 | US$497k | US$395k | -US$111m |
| Sep 30 2022 | n/a | n/a | -US$212m |
| Jun 30 2022 | n/a | n/a | -US$322m |
| Mar 31 2022 | n/a | n/a | -US$263m |
| Dec 31 2021 | US$158m | US$390k | -US$338m |
| Sep 30 2021 | n/a | n/a | -US$180m |
| Jun 30 2021 | n/a | n/a | -US$11m |
| Mar 31 2021 | n/a | n/a | -US$9m |
| Dec 31 2020 | US$528k | US$375k | -US$14m |
Compensation vs Market: Raymond's total compensation ($USD3.44M) is below average for companies of similar size in the US market ($USD5.38M).
Compensation vs Earnings: Raymond's compensation has increased whilst the company is unprofitable.
CEO
Raymond Pittman (54 yo)
Mr. Raymond J. Pittman serves as Chairman of Matterport, Inc. since July 2021. Mr. Pittman serves as Chief Executive Officer and Director since July 2021, and previously served as Chief Executive Officer a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 6.2yrs | US$3.44m | 1.45% $ 25.9m | |
| Chief Financial Officer | 3.6yrs | US$1.77m | 0.60% $ 10.7m | |
| Chief Technology Officer | 3.6yrs | US$1.28m | 0.22% $ 4.0m | |
| Chief Legal Officer & Corporate Secretary | 2.2yrs | US$702.19k | 0.19% $ 3.5m | |
| Chief Revenue Officer | 3.6yrs | US$1.63m | 0.48% $ 8.6m | |
| Co-Founder & Chief Scientist | 3.6yrs | no data | no data | |
| Chief Accounting Officer | 3.2yrs | US$739.42k | 0.043% $ 767.4k | |
| Chief Marketing Officer | 3.1yrs | no data | no data | |
| Chief People Officer | 3.6yrs | no data | no data | |
| Head of Product | 3.5yrs | no data | no data | |
| Managing Director of Americas | 3.1yrs | no data | no data | |
| Managing Director of EMEA | 2.1yrs | no data | no data |
Experienced Management: MTTR's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 6.2yrs | US$3.44m | 1.45% $ 25.9m | |
| Independent Director | 3.6yrs | US$230.50k | 0.24% $ 4.2m | |
| Independent Director | 3.6yrs | US$224.50k | 0.088% $ 1.6m | |
| Independent Director | 3.6yrs | US$224.50k | 0.062% $ 1.1m | |
| Independent Director | 2.6yrs | US$237.50k | 0.035% $ 630.9k |
Experienced Board: MTTR's board of directors are considered experienced (3.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/27 08:40 |
| End of Day Share Price | 2025/02/27 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Matterport, Inc. is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gal Munda | Berenberg |
| Justin Ages | Berenberg |
| Elizabeth Mary Elliott Porter | Morgan Stanley |