Scottsdale's Caliber Cos. files paperwork in view of future Nasdaq listing - Phoenix Business Journal

The company said that after completion of its IPO, CEO John C."Chris" Loeffler II and President and COO Jennifer Schrader will still have majority voting power because they own all of the outstanding share’s of the company’s class B common stock. The two co-founded the company., Caliber reported revenue of nearly $43 million for the first half of 2022, up 85.5% from the same period a year earlier. Total net income attributable to Caliber Cos. Inc. for the period was $89,000, down 106.

Loeffler’s total compensation package in 2021 was listed as $297,714, and Shrader’s was $297,498. Both had base salaries of $255,693. Under a new compensation agreement adopted this month, Loeffler’s base salary rose to $490,000 with a total compensation potential of $1.920 million after bonuses and other incentives. Schrader’s base salary rose to $450,000, with a total compensation potential of $1.575 million.

Other officers, Chief Financial Officer Jade Leung and Chief Development Officer Roy Bade, now each have a total compensation potential of $1.1 million, with base salaries of $375,000 and $350,000, respectively.

“We often tell the marketplace that we don’t have a five-year plan—we have a 100-year plan,” Loeffler wrote in the letter. “Over the last 14 years, we have built our business property by property and investor by investor, resulting in a team and business system poised for growth.”Caliber first made its intention to go public known back

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