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...

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 housing market. In 2022, he entered a new three-year employment agreement that offers him a base salary of $650,000. Interestingly, despite the tough market conditions impacting home sales, he opted out of bonuses for two consecutive years (2022 and 2023). Instead, he has focused on long-term rewards, which include substantial performance-based stock options totaling over 1 million units. This approach aligns his interests with those of the shareholders, particularly when the company's stock performance fluctuates, maximizing potential upside. Bair’s decisions reflect a commitment to steering Offerpad through challenges while aiming for sustainable growth in a highly competitive industry.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

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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

Sector of Economy

Real Estate

CEO of Offerpad Solutions for

9 years 9 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

Rivals

Competitors/colleagues of Brian Bair

Holdings

See how much did Brian Bair make over time.

Brian Bair's holdings in Offerpad Solutions are noteworthy. In recent years, he has built a significant equity position, notably with over 1.1 million Restricted Stock Units (RSUs) awarded as part of his leadership role. His holdings have seen considerable fluctuations...

Brian Bair's holdings in Offerpad Solutions are noteworthy. In recent years, he has built a significant equity position, notably with over 1.1 million Restricted Stock Units (RSUs) awarded as part of his leadership role. His holdings have seen considerable fluctuations with the company’s performance, especially given the challenging housing market. These RSUs have vesting provisions that tie them directly to long-term performance metrics, ensuring that Mr. Bair's interests remain aligned with those of the company's investors. In 2022, Bair's vested stock alone was valued at approximately $173,000, indicating his substantial stake in the company's success. While his overall wealth tied to stock performance may change, it reflects his belief in Offerpad's long-term strategy and vision.

Mar 17, 2025

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shares

OPAD @ $1.79

Insider Trading

See recent insider trades of Brian Bair.

OPAD

$19.81K

OPAD at $5.21/share

May 29, 2024

Purchase

OPAD

$216.61K

OPAD at $5.20/share

May 24, 2024

Purchase

OPAD

372,208 shares

OPAD

Mar 1, 2022

Received

OPAD

14,816,236 shares

OPAD

Sep 1, 2021

Received

Compensation History

See how much did Brian Bair make over time.

In 2023, Brian Bair's total compensation was approximately $775,885. His salary stood at $650,000, which stays stable from previous years. Notably, he has chosen not to take bonuses the last two years, which is uncommon for a CEO. Instead, Bair is focused on long-term gains through equity compensation, including Restricted Stock Units that link his financial success directly to Offerpad’s stock performance. In 2022, his vested stock was worth about $173,000, showing a real commitment to the company. His pay reflects a balance between guaranteed income through salary and performance incentives, fitting a trend in executive compensation that ties pay to company success rather than just base salary.

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.