Blend Labs Management
Management criteria checks 3/4
Blend Labs' CEO is Nima Ghamsari, appointed in Apr 2012, has a tenure of 12.08 years. total yearly compensation is $325.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 3.76% of the company’s shares, worth $23.27M. The average tenure of the management team and the board of directors is 1.3 years and 5.1 years respectively.
Key information
Nima Ghamsari
Chief executive officer
US$325.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 12.1yrs |
| CEO ownership | 3.8% |
| Management average tenure | 1.3yrs |
| Board average tenure | 5.1yrs |
Recent management updates
Recent updates
A Piece Of The Puzzle Missing From Blend Labs, Inc.'s (NYSE:BLND) 35% Share Price Climb
Mar 29
Blend Labs: Still Navigating A Challenging Housing Market
Mar 05Is Blend Labs (NYSE:BLND) Using Debt Sensibly?
Feb 19Blend Labs: Burning Cash And Diluting Shareholders
Dec 12Blend Labs, Inc. (NYSE:BLND) Held Back By Insufficient Growth Even After Shares Climb 31%
Dec 09Blend Labs Focuses On Consumer Banking As Mortgage Industry Woes Continue (Rating Downgrade)
Nov 30Blend Labs: Q2 2023 Could Be The Sign That Revenue Growth Is Turning Around
Sep 13Blend Labs: A Long Way To Go
Jul 31Time To Worry? Analysts Just Downgraded Their Blend Labs, Inc. (NYSE:BLND) Outlook
Mar 24Blend: Providing A White Label Solution That Fits The Bill
Dec 15Blend Labs: Not Worth Betting The House On
Nov 13PNC Bank partners with Blend Labs to digitally optimize mortgage application process
Sep 27Blend Labs Makes Tepid Cost Cutting Moves In Downturn
Aug 12Analysts Have Lowered Expectations For Blend Labs, Inc. (NYSE:BLND) After Its Latest Results
Apr 03Blend Labs, Inc. (NYSE:BLND) Analysts Just Trimmed Their Revenue Forecasts By 30%
Apr 01Blend Labs: A First Assessment
Mar 21After A 64% Decline, Blend Labs Is An Opportunistic Buy
Jan 02Blend Labs: High Growth Potential Despite Taking A Tumble
Dec 06Blend Labs: Blended Picture
Jul 18CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$185m |
| Sep 30 2023 | n/a | n/a | -US$236m |
| Jun 30 2023 | n/a | n/a | -US$327m |
| Mar 31 2023 | n/a | n/a | -US$763m |
| Dec 31 2022 | US$325k | US$325k | -US$769m |
| Sep 30 2022 | n/a | n/a | -US$759m |
| Jun 30 2022 | n/a | n/a | -US$702m |
| Mar 31 2022 | n/a | n/a | -US$224m |
| Dec 31 2021 | US$85m | US$326k | -US$171m |
| Sep 30 2021 | n/a | n/a | -US$114m |
| Jun 30 2021 | n/a | n/a | -US$52m |
| Mar 31 2021 | n/a | n/a | -US$73m |
| Dec 31 2020 | US$325k | US$325k | -US$75m |
Compensation vs Market: Nima's total compensation ($USD325.00K) is below average for companies of similar size in the US market ($USD3.42M).
Compensation vs Earnings: Nima's compensation has been consistent with company performance over the past year.
CEO
Nima Ghamsari (37 yo)
12.1yrs
Tenure
US$325,000
Compensation
Mr. Nima Ghamsari co-founded Blend Labs, Inc. on April 17, 2012 and serves as its Chief Executive Officer, Chairman and Head of Blend. He has been a Director of Blend Labs, Inc. since May 2012. Mr. Ghamsar...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 12.1yrs | US$325.00k | 3.76% $ 23.3m | |
| Co-Founder & Director | 12.1yrs | no data | 0.42% $ 2.6m | |
| Co-Founder | 12.1yrs | no data | no data | |
| Head of Finance & Administration | 1.3yrs | no data | 0.16% $ 988.0k | |
| Controller & Principal Accounting Officer | less than a year | no data | 0.028% $ 175.4k | |
| Investor Relations Lead | no data | no data | no data | |
| Head of Legal & People | 1.3yrs | no data | 0.083% $ 511.5k | |
| Head of Product | no data | no data | no data | |
| Head of Design | no data | no data | no data | |
| Head of Engineering | 1.3yrs | no data | no data | |
| Head of Revenue | less than a year | no data | no data |
1.3yrs
Average Tenure
41yo
Average Age
Experienced Management: BLND's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 12yrs | US$325.00k | 3.76% $ 23.3m | |
| Co-Founder & Director | 8.8yrs | no data | 0.42% $ 2.6m | |
| Independent Director | 4.9yrs | no data | 0.40% $ 2.5m | |
| Member of Advisory Board & Independent Director | 6.8yrs | US$257.85k | 0.0040% $ 24.5k | |
| Independent Director | 2.4yrs | US$293.39k | 0.0040% $ 24.5k | |
| Independent Director | less than a year | no data | no data | |
| Director | 5.1yrs | US$3.78m | 0.19% $ 1.2m | |
| Chairman of Advisory Board | 5.7yrs | no data | no data | |
| Independent Director | 1.3yrs | no data | 0.0040% $ 24.5k |
5.1yrs
Average Tenure
52yo
Average Age
Experienced Board: BLND's board of directors are considered experienced (5.1 years average tenure).