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Marcus & Millichap MMI

US equityMarket cap rank #3197Real Estate Services
$28.22 −$0.38 (-1.33%)
Pre-market · Oct 8, 8:40 am ET · After hours $28.22 0.00%
Open$28.33
Prev close$28.60
Day range$28.04 – $28.44
Volume130.7K
Market cap$1.07B
P/E (TTM)76.3
Dividend yield1.77%
Founded1971
CEOMr. Hessam Nadji
Employees854
HeadquartersCalabasas, United States of America
Websitewww.marcusmillichap.com

Revenue per employee

$139.9K$669.3K$1.2M$1.7MDec '18Dec '21Dec '25

854 employees as of 2025/FY (-67.3% YoY). Revenue per employee is total revenue divided by headcount — a rough productivity gauge, not a per-worker pay figure.

Management team

Hessam Nadji President, Chief Executive Officer and Director
Age 60 · Total comp. $4,581,674.00 · As of 17 Mar 2026

Mr. Hessam Nadji, Director Qualifications Mr. Nadji has extensive knowledge of the Company and over 37 years of experience working in the real estate industry. Experience and Biography Previously served as senior executive vice president and chief strategy officer at Marcus & Millichap, Inc. He joined the Company as vice president of research in 1996 and held various other senior management roles through the years, including chief marketing officer and head of the Company's specialty brokerage divisions. Mr. Nadji received a B.S. in information management and computer science from City University in Seattle.

John David Parker Executive Vice President and Chief Operating Officer
Age 45 · Total comp. $1,723,462.00 · As of 25 Feb 2026

Mr. John David Parker, has served as Executive Vice President and Chief Operating Officer, since April 2025, and previously served as Executive Vice President and Chief Operating Officer, Eastern Division from June 2021 to April 2025. Mr. Parker joined the Company in 2004 as a multifamily agent in the Manhattan office and transitioned to management in 2006. In 2007, Mr. Parker opened the Company's Brooklyn office and took over responsibility for the New York regional offices soon afterward. Mr. Parker was appointed Division Manager for the Northeast in 2016 and has been instrumental in driving the Company's expansion in Canada. Mr. Parker holds a bachelor's degree in operations and information systems management from Pennsylvania State University.

Steven F. DeGennaro Executive Vice President and Chief Financial Officer
Age 62 · Total comp. $1,389,651.00 · As of 25 Feb 2026

Mr. Steven F. DeGennaro, has served as Executive Vice President and Chief Financial Officer since August 2020. Prior to joining the Company, Mr. DeGennaro held the position of Chief Financial Officer at InTouch Health Inc., a venture-backed telehealth company, from March 2018 to July 2020. Prior to that he served as Chief Financial Officer at Xirrus, Inc., a manufacturer of wireless networking products, from January 2004 to November 2017. He also served as Chief Financial Officer at Calix Networks, Inc. and Xircom, Inc. Mr. DeGennaro began his career at KPMG. Mr. DeGennaro holds a B.B.A. in Accounting from the University of San Diego.

Richard D. Matricaria Senior Vice President and Chief Growth Officer
Total comp. $1,379,170.00 · As of 25 Feb 2026

Mr. Richard D.Matricaria has served as Executive Vice President and Chief Operating Officer, Western Division since June 2021. Mr. Matricaria joined the Company in 2000 as a retail broker from 2002 to 2010 before moving to management in 2010. From 2010 to 2016, Mr. Matricaria opened offices in Orlando and Tampa, and in 2016, Mr. Matricaria moved to Chicago to oversee the Midwest Division. Mr. Matricaria relocated to the Company's headquarters in Calabasas in 2019 as part of his expanded responsibilities. Mr. Matricaria received a B.B.A. in management from the University of Alabama and earned an M.B.A. from St. Thomas University. Effective April 29, 2025, Richard Matricaria, formerly the Company's Executive Vice President and Chief Operating Officer, Western Division, has been named Senior Vice President and Chief Growth Officer.

Gregory A. LaBerge Senior Vice President and Chief Client Officer
Age 55 · Total comp. $855,447.00 · As of 25 Feb 2026

Mr. Gregory A. LaBerge, has served as Senior Vice President and Chief Client Officer since May 2025, and previously served as Senior Vice President and Chief Administrative Officer from 2015 until May 2025. Mr. LaBerge joined the Company in 2005 as an investment broker, became a regional manager in 2008, and was named National Director of our National Hospitality Group in 2012. Prior to that, he worked for 10 years as a management consultant, five years with Ernst & Young LLP, and for Diamond Technology Partners (now part of PricewaterhouseCoopers LLP). His expertise was in working with Fortune 500 companies on strategic and operational initiatives. Mr. LaBerge received his B.A. degree in economics from Northwestern University and his M.B.A. from the Kelley School of Business at Indiana University.

Don C. Watters Lead Independent Director
Age 83 · Total comp. $164,986.00 · As of 17 Mar 2026

Don C. Watters, Director Qualifications Mr. Watters possesses substantial knowledge and experience in strategic planning, organization, operations, and leadership of complex organizations. Experience and Biography Mr. Watters is a director (senior partner) emeritus of McKinsey & Company, a global management consulting firm. During his 28 years with McKinsey & Company, Mr. Watters served primarily Fortune 500 sized private sector clients in over a dozen different industries on issues of strategy, organization and operations. Served on the board of directors of Merant PLC, a publicly traded company based in the United Kingdom from the late 1990s to 2004. Was on the advisory board of Cunningham Communication, Inc. Mr. Watters has served on the board of directors of numerous non-profit organizations, including the San Jose Ballet, the Tech Museum of Innovation, the American Leadership Forum Silicon Valley, the American Leadership Forum National, United Way Silicon Valley and the Bay Area Garden Railway Society, and is a member of the El Camino Hospital Board of Directors. Mr. Watters received a B.S. in engineering from the University of Michigan and an M.B.A. from Stanford University.

Norma J. Lawrence Independent Director
Age 71 · Total comp. $164,986.00 · As of 17 Mar 2026

Norma J. Lawrence, Director Qualifications Ms. Lawrence possesses particular knowledge and expertise in accounting and financial matters in the real estate industry. Experience and Biography Ms. Lawrence previously served on the board of Broadmark Realty Capital Inc. Served as a partner in the audit department of KPMG LLP where she specialized in real estate. Ms. Lawrence was with KPMG from 1979 through 2012 and she was a member of the National Association of Real Estate Investment Trusts, the Pension Real Estate Association, the National Council of Real Estate Investment Fiduciaries, the California Society of Certified Public Accountants, and the American Institute of Certified Public Accountants, and was a member of WomanCorporateDirectors. Ms. Lawrence received a B.A. in mathematics and an M.B.A. in finance and accounting from the University of California, Los Angeles.

George T. Shaheen Independent Director
Age 81 · Total comp. $159,986.00 · As of 17 Mar 2026

George T. Shaheen, Director Qualifications Mr. Shaheen has extensive experience as a senior executive and director of numerous companies, and he possesses significant business and leadership knowledge and experience. Experience and Biography Currently serves as a director of [24]7.ai, and Green Dot Corporation, along with its wholly owned subsidiary, Green Dot Bank. Currently serves as a managing director and advisor to Andersen Global LLC, an international tax and legal advisory firm. Previously was the chief executive officer of Siebel Systems, Inc., a CRM software company, from April 2005 until the sale of the company in January 2006. From October 1999 to April 2001, he served as the chief executive officer and chair of the board of Webvan Group, Inc. Previously was the chief executive officer and global managing partner of Andersen Consulting, which later became Accenture, from 1988 to 1999. He has served as an IT Governor of the World Economic Forum and as a member of the board of advisors for the Northwestern University Kellogg Graduate School of Management. He has also served on the board of trustees of Bradley University. Mr. Shaheen received a B.S. in marketing and an M.B.A. in management from Bradley University. Mr. Shaheen has extensive experience as a senior executive and director of numerous companies, and he possesses significant business and leadership knowledge and experience.

Lauralee E. Martin Independent Director
Age 75 · Total comp. $159,986.00 · As of 17 Mar 2026

Lauralee E. Martin, Director Qualifications Ms. Martin has extensive experience with the commercial real estate services industry and in evaluating acquisition opportunities, managing banking relationships and investor relations as well as significant experience serving on the boards of other public companies. Experience and Biography Ms. Martin served as chief executive officer and president of Healthpeak Properties, Inc. (now DOC) a real estate investment trust focusing on properties serving the healthcare industry, from October 2013 to July 2016. Served as chief executive officer of the Americas Division of Jones Lang LaSalle, Inc., a financial and professional services firm specializing in real estate services and investment management, from January 2013 to October 2013. Executive vice president and chief financial officer of Jones Lang LaSalle from January 2002 and was appointed chief operating and financial officer in October 2005 and served in that capacity until January 2013. 15 years with Heller Financial, Inc., a commercial finance company with international operations, where she was vice president, chief financial officer, senior group president and president of the Real Estate group. Ms. Martin currently serves on the boards of Kaiser Aluminum Corporation and QuadReal Property Group, is an advisor to Beacon Capital Partners, and previously served on the board of Healthpeak Properties, Inc., ABM Industries, KeyCorp and Gables Residential Trust. Ms. Martin received a B.A. in English from Oregon State University and an M.B.A. from the University of Connecticut.

Nicholas F. McClanahan Independent Director
Age 81 · Total comp. $154,986.00 · As of 17 Mar 2026

Nicholas F. McClanahan, Director Qualifications Mr. McClanahan possesses particular knowledge and experience in finance, capital structure, strategic planning, management and investment. Experience and Biography Served as managing director of strategic relationships at Accretive Advisor Inc. from September 2010 to February 2012. From April 1971 through April 2006, Mr. McClanahan worked at Merrill Lynch & Co. in various positions, including as executive vice president of Merrill Lynch Canada and managing director of Merrill Lynch Private Banking Group from 2003 to 2005. Mr. McClanahan received a B.B.A. in finance from Florida Atlantic University and is a graduate of the Securities Industry Institute executive education program at The Wharton School at the University of Pennsylvania.

Collete English Dixon Independent Director
Age 68 · Total comp. $144,986.00 · As of 17 Mar 2026

Collete English Dixon, Director Qualifications Ms. English Dixon has extensive experience with the commercial real estate services industry and in evaluating acquisition opportunities as well as significant experience serving on the boards of several private companies. Experience and Biography Serves as executive director of the Marshall Bennett Institute of Real Estate, Roosevelt University in Chicago. Currently serves as a managing principal of Libra Investment Group, LLC, a real estate consulting group, a position which she has held since September 2016. Previously held various key officer and management roles at PGIM Real Estate/Prudential Real Estate Investors (PREI), which is a business unit of Prudential Financial. In her role as executive director, vice president of transactions and as co-leader of PREI's national investment dispositions program, she managed a number of real estate professionals and oversaw the sale of investment properties throughout the United States. Ms. English Dixon received a B.B.A. in finance and international business economics from the University of Notre Dame and an M.B.A. from Mercer University.

George M. Marcus Chairman of the Board
Age 84 · Total comp. $139,986.00 · As of 17 Mar 2026

George M. Marcus, Director Qualifications Mr. Marcus is our founder and has served as our chair of the Board since 1971. He has extensive knowledge of the Company, over 50 years of experience working in the real estate industry and significant experience serving on boards of other public companies. Experience and Biography Founder and chair of Marcus & Millichap Company, the parent company of a diversified group of real estate service investment and development firms, including, SummerHill Housing Group, Pacific Urban Investors and Meridian Property Company. Founder and chair of the board of Essex Property Trust, a public multifamily real estate investment trust, and was one of the original directors of Plaza Commerce Bank and Greater Bay Bancorp, both of which were formerly publicly held financial institutions. Professional memberships include Real Estate Roundtable, Fisher Center for Real Estate and Urban Economics at the University of California, Berkeley and Urban Land Institute, as well as numerous other professional and community organizations. Mr. Marcus graduated with a B.S. degree in Economics from San Francisco State University in 1965, was honored as Alumnus of the Millennium in 1999, and received his honorary doctorate in 2011. In June 2019, Mr. Marcus received an honorary doctorate from the American College of Greece. He is also a graduate of Harvard Business School's Owner/President Management Program and Georgetown University's Leadership Program.

Fabrice De Bosschere First Vice President, Corporate Controller and Chief Accounting Officer
Age 48 · As of 25 Feb 2026

On March 25, 2025, the Company appointed Fabrice De Bosschere as the Company's acting Chief Accounting Officer and Principal Accounting Officer, subject to the Board of Director's formal appointment, effective May 1, 2025. Mr. De Bosschere, 48, has served as First Vice President, Corporate Controller at the Company since January 2022. Prior to joining the Company, Mr. De Bosschere spent 16 years leading international finance, accounting, and M&A activities at Publicis Groupe, a global communications company, and its subsidiaries, including serving as Chief Financial Officer successively in South Korea, India and Canada from December 2009 to January 2016 and as a Vice President of Finance for the Americas region from January 2019 until December 2021. Mr. De Bosschere earned his master's degree in law and private asset management from the Universite d'Orleans.

From SEC filings, via Futu. Compensation is total reported pay for the most recent fiscal year on file, not base salary alone.

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