Happen: Pay

Happen paid its 5 named executives $14.9M in total in FY2025 (Dec). CEO Scott Sanborn was paid $4.8M of that.

Pay$100 in the stock at the end of FY20 → $179
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

Scott SanbornChief Executive Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Steven MatticsChief Lending Officer
FY2025 (Dec)
1 year
Andrew LaBenneChief Financial Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
4 years
Annie ArmstrongFormer Chief Risk Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Jordan ChengGeneral Counsel and Corporate Secretary
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
3 years

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 10 peers with pay on file was $10.4M. The CEO of Happen was paid $4.8M, 53% below the median.

  1. 1SoFi Technologies
  2. 2Bread Financial Holdings
  3. 3Enova International
  4. 4Axos Financial
  5. 5Marqeta
  6. 6Upstart Holdings
  7. 7Happen
  8. 8Pathward Financial
  9. 9Bancorp
  10. 10Trico Bancshares /
  11. 11Live Oak Bancshares
  12. 12Affirm HoldingsNot disclosed
  13. 13Banc Of CaliforniaNot disclosed
  14. 14Blend LabsNot disclosed
  15. 15Domo, Inc.Not disclosed
  16. 16Green Dot CorporationNot disclosed
  17. 17LendingTree, Inc.Not disclosed
  18. 18MoneyLion, Inc.Not disclosed
  19. 19NerdWallet, Inc.Not disclosed
  20. 20Open Lending Corp.Not disclosed
  21. 21Preferred BankNot disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.