The company agreed to a new three-year contract with its CEO last week — even as its stock price hit an all-time low on Monday.

We’re surging into Leadership Month this March on Inman. Join us as we deep dive into leadership fundamentals, culture, and even playlists.

NFL free agents aren’t the only ones signing big new contracts this week.

Realogy announced Friday in a regulatory filing, first reported by The Real Deal, that it’s renewing CEO Ryan Schneider’s contract, effectively locking him into a three-year deal that will keep him on as chief executive until at least March 2023.

The current deal between the two sides was set to expire in October 2020 and the terms, according to the filing, are “substantially similar,” but have been updated consistently with other executive changes. His base salary will continue to be $1 million, with eligibility for an incentive bonus up to 150 percent of his earnings. He’s also entitled to an annual long-term incentive award that can be allocated across unspecified equity vehicles.

On Feb. 27, Schneider, through an annual equity award, received 309,278 more shares of the company, bringing his total shares up to 655,617.

The extension comes at a time when Realogy’s stock has plummeted, along with the general market. Realogy’s stock dropped roughly 25 percent Monday, as the Dow Jones dropped more than 9 percent. Realogy’s stock reached a record low of $4 per share Monday.

The company also struggled in public markets last summer, but prior to the coronavirus-fueled Wall Street sell-off, seemed to have righted the ship, with the company’s stock climbing above $13 per share last month.

While at the helm, Schneider has focused on making the nation’s largest real estate holding company run leaner, with cost-cutting initiatives like selling off nonessential arms of the business, reorganizing certain brands and diving deeper into technology.

Email Patrick Kearns

NRT | Ryan Schneider
Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription