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.

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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: Jun 16, 2025 23:59 UTC

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: Jun 16, 2025 23:59 UTC

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

Source: SEC EDGAR

accession 0001193125-25-141137

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