Sundar PichaiSundar Pichai earned $164M in 2023
O

Brian Bair

Founder and CEO of Offerpad Solutions

Education

Bachelor's degree in Business Administration in Finance and Entrepreneurship from the University of Arizona

Field of Expertise

Real Estate & Construction - Real Estate

Economy Sector

Real Estate

Current Tenure

9 years 7 months (Jul 2015 - Present)

Previous Experience

Founder and President at Bair Group Real Estate, Co-founder of Lexington Financial, Co-founder of Bridgeport Financial Services

Brian Bair has been the CEO of Offerpad Solutions since August 2016. He holds a Bachelor's degree in Business Administration and brings deep expertise in the real estate sector. Under his leadership, the company has pursued innovative strategies in the...

Year

2023

Total Compensation

$752.80K

Salary

$650.00K

Board Justification

The compensation philosophy emphasizes performance-based, at-risk compensation to attract and retain talented executives while aligning their interests with those of stockholders.

Bonus

$0.00

Board Justification

Mr. Bair advised the Compensation Committee that he would not accept a 2023 bonus, and accordingly, no such bonus was paid to him.

Other

$8.25K

Board Justification

Other compensation includes Company-paid 401(k) matching contributions.

Restricted Stock

$94.56K(8.27K RSU)

Board Justification

The stock awards that vested in 2023 were part of the long-term incentive plan and were based on the achievement of performance goals.

Performance Metrics

The performance metrics for determining compensation included gross margin, adjusted EBITDA, and individual leadership and strategic performance goals.