LTCH · Latch, Inc.
$0.17
+0.02 (+13.16%)
At close · Aug 14
Market Cap
$28.16M
Shares
165.66M
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 |
|---|---|---|
| David Lillis | Chief Executive Officer | $976,340 |
| Priyen Patel | Chief Strategy & Legal Officer | $806,420 |
| Jeff Mayfield | Chief Financial Officer | $609,206 |
| Marc Landy | Former Interim Chief Financial Officer | $40,608 |
| Jason Keyes | Former Interim Chief Executive Officer | $4,450 |
| Jamie Siminoff | Former Chief Strategy Officer | — |
| Jason Mitura | Former Chief Product Officer | — |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Jamie Siminoff | Former Chief Strategy Officer | $3,811,457 |
| Jason Mitura | Former Chief Product Officer | $2,625,031 |
| Marc Landy | Former Interim Chief Financial Officer | $541,518 |
| Jason Keyes | Former Interim Chief Executive Officer | $141,821 |
| Jeff Mayfield | Chief Financial Officer | — |
| David Lillis | Chief Executive Officer | — |
| Priyen Patel | Chief Strategy & Legal Officer | — |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Garth Mitchell | Chief Financial Officer | $5,400,571 |
| Ali Hussain | Chief Operating Officer | $3,976,813 |
| Michael Brian Jones | Chief Technology Officer Represents base salary earned by the NEO in the year shown. The base salary of each NEO was adjusted when the 2021 Employment Agreements became effective on June 4, 2021. See “Elements of Direct Compensation and 2021 Compensation Decisions—Base Salary” above. Amounts reflect the full grant-date fair value of RSUs granted during 2021 based on the closing trading price of our common stock on the date of grant and computed in accordance with ASC Topic 718. These are not necessarily the amounts the NEOs will realize when the RSUs vest. As noted above under “Elements of Direct Compensation and 2021 Compensation Decisions—Equity-Based Long-Term Incentive Awards,” Mr. Schoenfelder and the Compensation Committee jointly agreed that Mr. Schoenfelder would not receive any equity-based compensation in 2021. Represents a work-from-home stipend paid to all employees of Latch. | $3,852,738 |
| Luke Schoenfelder | Chief Executive Officer | $402,053 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Garth Mitchell | Chief Financial Officer | $385,326 |
| Ali Hussain | Chief Operating Officer | $280,307 |
| Luke Schoenfelder | Chief Executive Officer | $270,330 |
| Michael Brian Jones | Chief Technology Officer Represents base salary earned by the NEO in the year shown. The base salary of each NEO was adjusted when the 2021 Employment Agreements became effective on June 4, 2021. See “Elements of Direct Compensation and 2021 Compensation Decisions—Base Salary” above. Amounts reflect the full grant-date fair value of RSUs granted during 2021 based on the closing trading price of our common stock on the date of grant and computed in accordance with ASC Topic 718. These are not necessarily the amounts the NEOs will realize when the RSUs vest. As noted above under “Elements of Direct Compensation and 2021 Compensation Decisions—Equity-Based Long-Term Incentive Awards,” Mr. Schoenfelder and the Compensation Committee jointly agreed that Mr. Schoenfelder would not receive any equity-based compensation in 2021. Represents a work-from-home stipend paid to all employees of Latch. | $260,328 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Jason Keyes | Interim Chief Executive Officer | Resigned | 2025-02-06 |
| Marc Landy | Interim Chief Financial Officer | Resigned | 2025-02-06 |
| Priyen Patel | Chief Strategy and Legal Officer | Appointed | 2025-02-06 |
| Jeff Mayfield | Chief Financial Officer | Appointed | 2025-02-06 |
| David Lillis | Chief Executive Officer | Appointed | 2025-02-06 |
| Jason Mitura | Chief Product Officer | Resigned | 2024-11-27 |
| Jason Mitura | Chief Product Officer | Appointed | 2024-08-13 |
| Chris Peckham | Head of Sales | Appointed | 2023-07-10 |
| Eugenia Adjigogovic | Head of People | Appointed | 2023-07-10 |
| Claire Duval | VP of Operations | Appointed | 2023-07-10 |
| Luciano Panaro | Chief Technology Officer | Appointed | 2023-07-10 |
| Luciano Panaro | Chief Technology Officer | Appointed | 2023-07-10 |
| David Lillis | Senior Vice President of Finance | Appointed | 2023-07-10 |
| Barry Schaeffer | Interim Chief Financial Officer and Treasurer | Resigned | 2023-02-02 |
| Junji Nakamura | Chief Accounting Officer | Resigned | 2023-01-11 |
| Marc Landy | interim CFO | Appointed | 2023-01-11 |
| Barry Schaeffer | Interim Chief Financial Officer | Resigned | 2023-01-11 |
| Jason Keyes | interim CEO | Appointed | 2023-01-11 |
| Luke Schoenfelder | Chairman of the board of directors | Resigned | 2023-01-11 |
| Luke Schoenfelder | Chief Executive Officer | Resigned | 2023-01-11 |