Rapid7 Management
Management criteria checks 4/4
Rapid7's CEO is Corey Thomas, appointed in Oct 2012, has a tenure of 11.58 years. total yearly compensation is $3.14M, comprised of 14.1% salary and 85.9% bonuses, including company stock and options. directly owns 0.94% of the company’s shares, worth $22.27M. The average tenure of the management team and the board of directors is 2.3 years and 7.8 years respectively.
Key information
Corey Thomas
Chief executive officer
US$3.1m
Total compensation
| CEO salary percentage | 14.1% |
| CEO tenure | 11.6yrs |
| CEO ownership | 0.9% |
| Management average tenure | 2.3yrs |
| Board average tenure | 7.8yrs |
Recent management updates
Recent updates
Should You Investigate Rapid7, Inc. (NASDAQ:RPD) At US$45.68?
Apr 30
Rapid7, 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 13Barclays cuts PT on Rapid7, reaffirms Overweight rating on ARR upside
Jul 12Rapid7: More Reasonably Valued After Fall
Jun 20Is It Time To Consider Buying Rapid7, Inc. (NASDAQ:RPD)?
Jun 07Does This Valuation Of Rapid7, Inc. (NASDAQ:RPD) Imply Investors Are Overpaying?
May 06Rapid7, Inc.: A Higher Share Price Will Be Here Soon
Apr 05CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD5.66M).
Compensation vs Earnings: Corey's compensation has been consistent with company performance over the past year.
CEO
Corey Thomas (47 yo)
11.6yrs
Tenure
US$3,140,768
Compensation
Mr. Corey E. Thomas has been Chairman of Federal Reserve Bank of Boston and served as its Deputy Chairman since January 1, 2021. He served as Director of Stackwell Capital, Inc. and serves as its Member of...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 11.6yrs | US$3.14m | 0.94% $ 22.3m | |
| President & COO | 7.6yrs | US$4.90m | 0.046% $ 1.1m | |
| Chief Financial Officer | 2.3yrs | US$4.01m | 0.065% $ 1.5m | |
| Chief People Officer | 13.3yrs | US$2.42m | 0.10% $ 2.4m | |
| Senior VP & Chief Accounting Officer | less than a year | no data | no data | |
| Senior VP & Chief Scientist | 2.3yrs | no data | no data | |
| Chief Information & Business Transformation Officer | 1.3yrs | no data | no data | |
| Senior VP of Finance & VP of Investor Relations | 4.3yrs | no data | no data | |
| Corporate Secretary | 2.3yrs | no data | no data | |
| Public Relations Manager | no data | no data | no data | |
| Chief Marketing Officer | less than a year | no data | no data | |
| Senior Vice President of Business & Corporate Development | less than a year | no data | no data |
2.3yrs
Average Tenure
51yo
Average Age
Experienced Management: RPD's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 11.6yrs | US$3.14m | 0.94% $ 22.3m | |
| Independent Director | 15.8yrs | US$242.98k | 0.052% $ 1.2m | |
| Independent Director | 7.6yrs | US$244.98k | 0.059% $ 1.4m | |
| Lead Independent Director | 15.8yrs | US$324.66k | 0.092% $ 2.2m | |
| Independent Director | 11.5yrs | US$254.98k | 0.013% $ 315.0k | |
| Independent Director | 7.8yrs | US$271.48k | 0.039% $ 919.9k | |
| Independent Director | 7.8yrs | US$324.70k | 0.044% $ 1.0m | |
| Independent Director | 4.8yrs | US$313.69k | 0.024% $ 561.1k | |
| Independent Director | 3.8yrs | US$244.98k | 0.017% $ 393.9k |
7.8yrs
Average Tenure
57yo
Average Age
Experienced Board: RPD's board of directors are considered experienced (7.8 years average tenure).