Matterport Management
Management criteria checks 3/4
Matterport's CEO is Raymond Pittman, appointed in Dec 2018, has a tenure of 5.33 years. total yearly compensation is $496.91K, comprised of 79.5% salary and 20.5% bonuses, including company stock and options. directly owns 1.19% of the company’s shares, worth $17.20M. The average tenure of the management team and the board of directors is 2.6 years and 2.8 years respectively.
Key information
Raymond Pittman
Chief executive officer
US$496.9k
Total compensation
| CEO salary percentage | 79.5% |
| CEO tenure | 5.3yrs |
| CEO ownership | 1.2% |
| Management average tenure | 2.6yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
Here's Why We're Not Too Worried About Matterport's (NASDAQ:MTTR) Cash Burn Situation
Apr 19
Matterport, Inc. (NASDAQ:MTTR) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
Mar 22Matterport: Waiting Out The Housing Market
Mar 14Matterport: Rating Upgrade As The Growth Outlook Becomes More Promising
Mar 06Earnings Release: Here's Why Analysts Cut Their Matterport, Inc. (NASDAQ:MTTR) Price Target To US$3.75
Feb 23Matterport's Future Is AI And Enterprise Customers
Jan 23Companies Like Matterport (NASDAQ:MTTR) Are In A Position To Invest In Growth
Jan 07Matterport, Inc.'s (NASDAQ:MTTR) 29% Price Boost Is Out Of Tune With Revenues
Nov 15Matterport: Will A Recession Ruin This Ex-SPAC?
Oct 10Matterport launches Pro3 Camera to enhance digital twin cloud platform
Aug 30Matterport Q2 2022 Earnings Preview
Aug 09Matterport: Use Cases, Moat, And Commoditization
Jul 25Matterport acquires VHT Studios to ramp up adoption of digital twin tech in real estate
Jul 07Matterport: Huge Opportunities Ahead
Jun 15Results: Matterport, Inc. Confounded Analyst Expectations With A Surprise Profit
May 12Matterport: Don't Buy This Stock
May 11Matterport: Valuation Still Matters
Apr 12Matterport: Why You Should Call This A Day
Apr 01Matterport: Incredible Optionality For The Real World And The Metaverse, But Execution Must Improve
Mar 11Matterport: Mulling Over This 'Metaverse' Concern
Feb 28News Flash: 6 Analysts Think Matterport, Inc. (NASDAQ:MTTR) Earnings Are Under Threat
Feb 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -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$14m |
Compensation vs Market: Raymond's total compensation ($USD496.91K) is below average for companies of similar size in the US market ($USD5.55M).
Compensation vs Earnings: Raymond's compensation has been consistent with company performance over the past year.
CEO
Raymond Pittman (53 yo)
5.3yrs
Tenure
US$496,910
Compensation
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 | 5.3yrs | US$496.91k | 1.19% $ 17.2m | |
| Chief Financial Officer | 2.8yrs | US$482.02k | 0.49% $ 7.1m | |
| Chief Accounting Officer | 2.3yrs | US$739.42k | 0% $ 0 | |
| Chief Legal Officer & Corporate Secretary | 1.3yrs | US$5.03m | 0.13% $ 1.8m | |
| Chief Revenue Officer | 2.8yrs | US$548.70k | 0.38% $ 5.4m | |
| Co-Founder & Chief Scientist | 2.8yrs | no data | no data | |
| Chief Customer Operations Officer | 1.3yrs | no data | no data | |
| Chief Technology Officer | 2.8yrs | US$36.91m | 0.15% $ 2.2m | |
| Chief Information Officer | 2.6yrs | no data | no data | |
| VP & Head of Investor Relations | 1.3yrs | no data | no data | |
| Director of Communications | no data | no data | no data | |
| Chief Marketing Officer | 2.3yrs | no data | no data |
2.6yrs
Average Tenure
52yo
Average Age
Experienced Management: MTTR's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 5.3yrs | US$496.91k | 1.19% $ 17.2m | |
| Independent Director | 2.8yrs | US$193.79k | 0.069% $ 999.4k | |
| Independent Director | 2.8yrs | US$190.79k | 0.090% $ 1.3m | |
| Independent Director | 2.8yrs | US$187.79k | 0.044% $ 642.8k | |
| Independent Director | 1.8yrs | US$328.45k | 0.0084% $ 121.4k |
2.8yrs
Average Tenure
53yo
Average Age
Experienced Board: MTTR's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.