Hessam Nadji has been the CEO of Marcus & Millichap since March 2016. He has a solid educational background with a Bachelor’s degree in Business Administration from California State University, Northridge. His journey in real estate began at Marcus &...

Current Market Cap

$1.57B

Number of Employees

2.59K

Total Compensation

2019 - 2023

Trending up by 18.80% last year
Showing total compensation for the last 2019 - 2023

Stock

Down by -7.28% last year

Salary

Up by 3.70% last year

Bonus

Up by 0.00% last year

Other

Down by -61.36% last year

Year

2023

Total Compensation

$3.98M

Salary

$700.00K

Board Justification

The compensation program is designed to reward performance and align with shareholder interests, with a significant portion of compensation being performance-based.

Bonus

$811.85K

Board Justification

Annual cash incentive based on performance metrics, reduced by $175,000 due to overall financial performance.

Other

$8.50K

Board Justification

Includes auto benefit and 401(k) match.

Restricted Stock

$2.46M(76.6K RSU)

Board Justification

76,600 shares of RSUs vested in 2023, valued at $2,461,280 based on the closing stock price on the vesting date.

Performance Metrics

Pre-tax net income and individual strategic performance goals.

SEC Filing

From March 22, 2024