FTDR · Frontdoor, Inc.
$81.61
-0.34 (-0.41%)
At close · Aug 21
Market Cap
$5.62B
Shares
68.89M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2025
| Executive | Role | Total |
|---|---|---|
| William C. Cobb | Chief Executive Officer and Chairman of the Board | $9,152,204 |
| Jessica Ross | — | $3,435,724 |
| Jeffrey A. Fiarman | Senior Vice President and Chief Legal Officer | $2,893,276 |
| Evan Iverson | Senior Vice President and Chief Operating Officer | $2,794,417 |
| Jason Bailey | Senior Vice President and Chief Financial Officer | $1,773,023 |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| William C. Cobb | Chief Executive Officer and Chairman of the Board | $8,429,289 |
| Former Senior Vice | President and Chief Financial Officer | $3,174,756 |
| Jessica Ross | Senior Vice President and Chief Financial Officer | $3,174,756 |
| Jeffrey A. Fiarman | Senior Vice President, Chief Legal Officer and Secretary | $2,554,076 |
| Kathryn M. Collins | Senior Vice President and Chief Revenue Officer | $2,184,553 |
| Evan Iverson | Senior Vice President and Chief Operating Officer | $1,978,000 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| William C. Cobb | Chief Executive Officer and Chairman of the Board | $7,890,857 |
| Jessica Ross | Senior Vice President and Chief Financial Officer | $3,268,860 |
| Former Senior Vice | President and Chief Financial Officer | $3,268,860 |
| Jeffrey A. Fiarman | Senior Vice President, Chief Legal Officer and Secretary | $2,548,101 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Rexford J. Tibbens | Former President and Chief Executive Officer | $5,432,772 |
| William C. Cobb | Chief Executive Officer and Chairman of the Board | $5,164,747 |
| Brian Turcotte | Former Senior Vice President and Chief Financial Officer | $2,774,052 |
| Jeffrey A. Fiarman | Senior Vice President, Chief Legal Officer and Secretary | $2,055,569 |
| Jessica Ross | Senior Vice President and Chief Financial Officer | $877,271 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Rexford J. Tibbens | Former President and Chief Executive Officer | $6,150,602 |
| Brian Turcotte | Former Senior Vice President and Chief Financial Officer | $2,075,093 |
| Jeffrey A. Fiarman | Senior Vice President, Chief Legal Officer and Secretary | $1,476,888 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Rexford J. Tibbens | Former President and Chief Executive Officer | $5,265,975 |
| Brian Turcotte | Former Senior Vice President and Chief Financial Officer | $1,753,037 |
| Jeffrey A. Fiarman | Senior Vice President, General Counsel and Secretary Amounts reported reflect the NEO’s annual salary earned during the fiscal year, taking into account increases, if any, in salary during the course of the year, and are not reduced to reflect the NEO’s election, if any, to defer receipt of salary into our savings plan for U.S. employees. The amount reported for Ms. Ross reflects salary paid from December 30, 2022. For additional details on actions taken with respect to the base salaries of the applicable NEOs in fiscal 2022, see “Compensation Discussion and Analysis—Components of 2022 Compensation—Salary.” For 2022, stock awards consisted of awards of time-vesting RSUs (to all NEOs) and PSUs (to Messrs. Cobb, Tibbens, Turcotte and Fiarman). The award of an RSU is the right to receive one share of our Common Stock upon the vesting date of the RSU. Amounts shown represent the grant date fair value of the applicable RSUs granted during fiscal 2022, each as calculated in accordance with applicable accounting standards. The grant date fair value for the RSUs and PSUs is based solely on the closing price of our Common Stock on the Nasdaq on the trading day that immediately preceded the applicable grant date (i.e., 28.82 for grants to Messrs. Tibbens, Turcotte and Fiarman, 24.74 for grants to Mr. Cobb, and 20.82 for the grant to Ms. Ross). The PSUs vest on the third anniversary of the applicable grant date subject to the NEO’s continued employment and the Company’s achievement of certain specified revenue performance goals measured at the end of the third year of a three-year performance period ending on December 31, 2024. The grant date fair value of a stock award is measured in accordance with the guidance in FASB ASC Topic 718 using the assumptions discussed in Note 9 to our financial statements included in the Company’s Annual Report on Form 10-K for fiscal 2022. Assuming the highest level of performance achievement, the aggregate grant date fair value of the PSUs reflected in the table would have been: Mr. Cobb —1,750,009; Mr. Tibbens —4,999,982; Mr. Turcotte — 1,549,997; and Mr. Fiarman — 1,080,001. Upon Mr. Tibbens’s resignation from the Company effective on June 30, 2022, the RSUs and PSUs awarded in 2022 were forfeited. The amount reported for Mr. Cobb also includes the stock award for his service as a member and Chairman of our Board of Directors prior to his election as the Company’s CEO, which was comprised of fully vested Common Stock. Mr. Cobb elected to defer receipt of these shares until 30 days after he no longer sits on our Board, and the shares were converted to DSEs that remain outstanding in the 2018 Plan until that time. The amount shown represents the aggregate grant date fair value of stock awards granted on May 11, 2022 calculated in accordance with applicable accounting standards. The grant date fair value for the stock award is based solely on the closing price of our Common Stock on the trading day that immediately preceded the date of the grant (i.e. 26.40). For information on fiscal 2022 non-employee director compensation, see “Director Compensation—2022 Compensation and Stock Paid to Directors.” | $1,309,568 |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Rexford J. Tibbens | President and Chief Executive Officer | $5,523,315 |
| Brian Turcotte | Senior Vice President and Chief Financial Officer | $1,880,365 |
| Jeffrey A. Fiarman | Senior Vice President, General Counsel and Secretary Amounts reported reflect the NEO’s annual salary earned during the fiscal year, taking into account increases, if any, in salary during the course of the year, and are not reduced to reflect the NEO’s election, if any, to defer receipt of salary into our savings plan for U.S. employees. For additional details on actions taken with respect to the base salaries of the applicable NEOs in fiscal 2021, see “Compensation Discussion and Analysis—Components of 2021 Compensation—Salary.” For 2021, stock awards consisted of awards of time-vesting RSUs and PSUs. The award of an RSU is the right to receive one share of our Common Stock upon the vesting date of the RSU. Amounts shown represent the grant date fair value of the applicable RSUs granted during fiscal 2021, each as calculated in accordance with applicable accounting standards. The grant date fair value for RSUs and PSUs is based solely on the closing price of our Common Stock on the Nasdaq on the trading day that immediately preceded the applicable grant date (i.e. 54.82). PSUs vest on the third anniversary of the grant date subject to the NEO’s continued employment and the Company’s achievement of certain specified revenue performance goals measured at the end of the third year of a three-year performance period ending on December 31, 2023. The grant date fair value of a stock award is measured in accordance with the guidance in FASB ASC Topic 718 using the assumptions discussed in Note 11 to our financial statements included in the Company’s Annual Report on Form 10-K for fiscal 2021. Assuming the highest level of performance achievement, the aggregate grant date fair value of the PSUs reflected in the table would have been: Mr. Tibbens —4,559,972; Mr. Turcotte — 1,249,997; and Mr. Fiarman — 774,904. Amounts shown consist solely of the NEO’s annual, performance-based cash bonus. For additional details on the amounts shown for fiscal 2021, see “Compensation Discussion and Analysis—Components of 2021 Compensation—Annual Cash Incentive Awards.” Amount reported for each of Messrs. Tibbens, Turcotte and Fiarman consist solely of contributions by the Company to its savings plan for salaried U.S. employees. | $1,731,587 |
Fiscal 2018
| Executive | Role | Total |
|---|---|---|
| Rexford J. Tibbens | President and Chief Executive Officer | $4,050,011 |
| Brian Turcotte | Senior Vice President and Chief Financial Officer | $986,041 |
| Jeffrey A. Fiarman | Senior Vice President, General Counsel and Secretary | $667,561 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Hilla Sferruzza | director | Appointed | 2026-06-29 |
| Dennis Howard | director | Appointed | 2026-03-17 |
| Jessica Ross | Senior Vice President and Chief Financial Officer | Resigned | 2025-11-05 |
| Jason Bailey | Senior Vice President and Chief Financial Officer | Appointed | 2025-11-05 |
| Sally J. Shanks | Vice President, Controller and Chief Accounting Officer | Appointed | 2025-07-23 |
| Chastitie Brim | Vice President, Controller and Chief Accounting Officer | Retired | 2025-07-23 |
| Dr. Balakrishnan "Bala" Ganesh | Director and member of the Audit Committee of the Board | Resigned | 2025-06-25 |
| Dr. Balakrishnan "Bala" Ganesh | Senior Vice President and Chief Technology Officer | Appointed | 2025-06-25 |
| Evan Iverson | Senior Vice President and Chief Operating Officer | Appointed | 2024-08-05 |
| Lara Balazs | director | Appointed | 2023-10-25 |
| Dr. Balakrishnan A. Ganesh | director | Appointed | 2023-07-31 |
| Jessica P. Ross | Senior Vice President and Chief Financial Officer | Appointed | 2022-12-05 |
| William C. Cobb | Chief Executive Officer | Appointed | 2022-05-20 |
| Rexford J. Tibbens | President, Chief Executive Officer and a member of the board of directors | Resigned | 2022-05-20 |
| Christopher Clipper | Class III director | Appointed | 2021-10-22 |
| D. Steve Boland | Class I director | Appointed | 2021-10-22 |
Key facts
CIK
1727263
CUSIP
35905A109
13F (30d)
367 filings
337 filers
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