Rapid7 Management
Management criteria checks 4/4
Rapid7's CEO is Corey Thomas, appointed in Oct 2012, has a tenure of 12.17 years. total yearly compensation is $3.14M, comprised of 14.1% salary and 85.9% bonuses, including company stock and options. directly owns 0.98% of the company’s shares, worth $24.32M. The average tenure of the management team and the board of directors is 2.4 years and 10.3 years respectively.
Key information
Corey Thomas
Chief executive officer
US$3.1m
Total compensation
CEO salary percentage | 14.1% |
CEO tenure | 12.2yrs |
CEO ownership | 1.0% |
Management average tenure | 2.4yrs |
Board average tenure | 10.3yrs |
Recent management updates
Recent updates
Rapid7, Inc.'s (NASDAQ:RPD) Intrinsic Value Is Potentially 63% Above Its Share Price
Dec 14We Think Rapid7's (NASDAQ:RPD) Robust Earnings Are Conservative
Nov 19Rapid7: Watch Earnings Beat And Acquisition Interest (Rating Upgrade)
Nov 11Rapid7's (NASDAQ:RPD) Returns On Capital Are Heading Higher
Nov 06Rapid7: Potential For Growth Acceleration When The Economy Recovers
Aug 19Results: Rapid7, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Aug 09Benign Growth For Rapid7, Inc. (NASDAQ:RPD) Underpins Its Share Price
Aug 05Rapid7: Margin Improvement Potential Is Obscured By Weaker Revenue Outlook (Rating Downgrade)
Jun 11Shareholders Will Likely Find Rapid7, Inc.'s (NASDAQ:RPD) CEO Compensation Acceptable
Jun 08Rapid7 (NASDAQ:RPD) Is Looking To Continue Growing Its Returns On Capital
May 21Should You Investigate Rapid7, Inc. (NASDAQ:RPD) At US$45.68?
Apr 30Rapid7, Inc.'s (NASDAQ:RPD) Price Is Out Of Tune With Revenues
Apr 12Rapid7: Positive Profitability Improvements, Stock Appears Fully Valued
Mar 28Is There An Opportunity With Rapid7, Inc.'s (NASDAQ:RPD) 30% Undervaluation?
Jan 31Rapid7: Quality Business Trading Attractively In A Thriving Industry
Jan 12Is Rapid7, Inc. (NASDAQ:RPD) Potentially Undervalued?
Jan 10Some Confidence Is Lacking In Rapid7, Inc.'s (NASDAQ:RPD) P/S
Dec 20Are Investors Undervaluing Rapid7, Inc. (NASDAQ:RPD) By 30%?
Oct 14Should You Think About Buying Rapid7, Inc. (NASDAQ:RPD) Now?
Sep 23Estimating The Intrinsic Value Of Rapid7, Inc. (NASDAQ:RPD)
Jul 09Is Now The Time To Look At Buying Rapid7, Inc. (NASDAQ:RPD)?
Jun 12Rapid7, Inc.'s (NASDAQ:RPD) Earnings Haven't Escaped The Attention Of Investors
May 16Calculating The Fair Value Of Rapid7, Inc. (NASDAQ:RPD)
Mar 03At US$39.87, Is It Time To Put Rapid7, Inc. (NASDAQ:RPD) On Your Watch List?
Feb 01Rapid7 Confronts Slowing Europe And Price-Conscious Customers
Oct 20Rapid7: Double Digit Revenue Growth And Partnerships Imply Higher Valuation
Oct 10At US$57.78, Is It Time To Put Rapid7, Inc. (NASDAQ:RPD) On Your Watch List?
Sep 13CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | US$47m |
Jun 30 2024 | n/a | n/a | -US$46m |
Mar 31 2024 | n/a | n/a | -US$121m |
Dec 31 2023 | US$3m | US$443k | -US$149m |
Sep 30 2023 | n/a | n/a | -US$181m |
Jun 30 2023 | n/a | n/a | -US$133m |
Mar 31 2023 | n/a | n/a | -US$106m |
Dec 31 2022 | US$8m | US$443k | -US$125m |
Sep 30 2022 | n/a | n/a | -US$158m |
Jun 30 2022 | n/a | n/a | -US$167m |
Mar 31 2022 | n/a | n/a | -US$161m |
Dec 31 2021 | US$11m | US$443k | -US$146m |
Sep 30 2021 | n/a | n/a | -US$131m |
Jun 30 2021 | n/a | n/a | -US$118m |
Mar 31 2021 | n/a | n/a | -US$106m |
Dec 31 2020 | US$9m | US$443k | -US$99m |
Sep 30 2020 | n/a | n/a | -US$84m |
Jun 30 2020 | n/a | n/a | -US$73m |
Mar 31 2020 | n/a | n/a | -US$65m |
Dec 31 2019 | US$6m | US$375k | -US$54m |
Sep 30 2019 | n/a | n/a | -US$53m |
Jun 30 2019 | n/a | n/a | -US$50m |
Mar 31 2019 | n/a | n/a | -US$51m |
Dec 31 2018 | US$5m | US$350k | -US$56m |
Sep 30 2018 | n/a | n/a | -US$56m |
Jun 30 2018 | n/a | n/a | -US$54m |
Mar 31 2018 | n/a | n/a | -US$51m |
Dec 31 2017 | US$3m | US$350k | -US$45m |
Compensation vs Market: Corey's total compensation ($USD3.14M) is below average for companies of similar size in the US market ($USD6.67M).
Compensation vs Earnings: Corey's compensation has been consistent with company performance over the past year.
CEO
Corey Thomas (48 yo)
12.2yrs
Tenure
US$3,140,768
Compensation
Mr. Corey E. Thomas serves as Strategic Advisor at Venture Guides Management, L.P. He has been Chairman of Federal Reserve Bank of Boston and served as its Deputy Chairman since January 1, 2021. He served...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman & CEO | 12.2yrs | US$3.14m | 0.98% $ 24.3m | |
Chief Financial Officer | 2.9yrs | US$4.01m | 0.10% $ 2.5m | |
Chief People Officer | 13.9yrs | US$2.42m | 0.067% $ 1.7m | |
Senior VP & Chief Accounting Officer | less than a year | no data | no data | |
Senior VP & Chief Scientist | 2.9yrs | no data | no data | |
Chief Information & Business Transformation Officer | 1.9yrs | no data | no data | |
Senior Director of Investor Relations | no data | no data | no data | |
Corporate Secretary | 2.9yrs | no data | no data | |
Public Relations Manager | no data | no data | no data | |
Chief Marketing Officer | 1.3yrs | no data | no data | |
Senior Vice President of Enterprise Sales & Business Development | 1.3yrs | no data | no data | |
Senior VP & Chief Business Officer | 1.3yrs | no data | no data |
2.4yrs
Average Tenure
52yo
Average Age
Experienced Management: RPD's management team is considered experienced (2.4 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman & CEO | 12.2yrs | US$3.14m | 0.98% $ 24.3m | |
Independent Director | 16.3yrs | US$242.98k | 0.073% $ 1.8m | |
Independent Director | 8.2yrs | US$244.98k | 0.065% $ 1.6m | |
Lead Independent Director | 16.3yrs | US$324.66k | 0.10% $ 2.5m | |
Independent Director | 12.1yrs | US$254.98k | 0.020% $ 495.1k | |
Independent Director | 8.4yrs | US$271.48k | 0.045% $ 1.1m | |
Independent Director | 8.4yrs | US$324.70k | 0.052% $ 1.3m | |
Independent Director | 4.3yrs | US$244.98k | 0.012% $ 301.0k |
10.3yrs
Average Tenure
58.5yo
Average Age
Experienced Board: RPD's board of directors are seasoned and experienced ( 10.3 years average tenure).
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/22 02:52 |
End of Day Share Price | 2024/12/20 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
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 here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 .
Analyst Sources
Rapid7, Inc. is covered by 42 analysts. 24 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 |
---|---|
Shrenik Kothari | Baird |
Ishan Majumdar | Baptista Research |
Saket Kalia | Barclays |