SmartRent appoints Frank Martell as President and CEO, effective June 16, 2025

SmartRent, Inc.

Frank Martell, former loanDepot (NYSE: LDI) and CoreLogic CEO, named permanent President and CEO, replacing interim CEO John Dorman.
Martell, 65, has served on SmartRent's board since June 2024; will receive $700K base salary, 100% target bonus (max 250%), prorated FY25 bonus at least target.
Equity grants: 1.8M RSUs vesting quarterly through June 30, 2026; additional RSU/PSU grants of 600K shares each at 2026 and 2027 annual meetings.
John Dorman continues as Chairman of the Board; Martell brings over 30 years of real estate tech leadership experience.
No material changes to financial outlook or operations announced in conjunction with the appointment.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed (interim)

John Dorman

Interim Chief Executive Officer and President

SMRT · SmartRent, Inc.

Effective: 2025-06-16
Successor: Frank Martell
Filed: June 16, 2025, 7:59 PM ET

Mr. Martell will replace John Dorman who had been serving as Interim Chief Executive Officer and President since April 9, 2025.

Appointed

Frank Martell

President and Chief Executive Officer

SMRT · SmartRent, Inc.

Effective: 2025-06-16
Filed: June 16, 2025, 7:59 PM ET

On June 16, 2025, SmartRent, Inc. (the “Company”) announced the appointment of Frank Martell as President and Chief Executive Officer of the Company, effective as of Mr. Martell’s employment start date of June 16, 2025

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

John Dorman departed as Interim Chief Executive Officer and President at SmartRent, Inc..

Action: replaced
Role: Interim Chief Executive Officer and President

Exact text from the filing

Mr. Martell will replace John Dorman who had been serving as Interim Chief Executive Officer and President since April 9, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Frank Martell was appointed as President and Chief Executive Officer at SmartRent, Inc..

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

On June 16, 2025, SmartRent, Inc. (the “Company”) announced the appointment of Frank Martell as President and Chief Executive Officer of the Company, effective as of Mr. Martell’s employment start date of June 16, 2025

View on SEC.gov

SmartRent, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-141137

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