Shopify Inc.

BOVESPA:S2HO34 Stock Report

Market Cap: R$780.7b

Shopify Management

Management criteria checks 3/4

Shopify's CEO is Tobi Lütke, appointed in Sep 2004, has a tenure of 20.17 years. total yearly compensation is $20.00M, comprised of 0% salary and 100% bonuses, including company stock and options. directly owns 6.16% of the company’s shares, worth R$48.07B. The average tenure of the management team and the board of directors is 3.5 years and 4.4 years respectively.

Key information

Tobi Lütke

Chief executive officer

US$20.0m

Total compensation

CEO salary percentage0.0%
CEO tenure20.2yrs
CEO ownership6.2%
Management average tenure3.5yrs
Board average tenure4.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tobi Lütke's remuneration changed compared to Shopify's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$1b

Jun 30 2024n/an/a

US$1b

Mar 31 2024n/an/a

-US$209m

Dec 31 2023US$20mUS$1

US$132m

Sep 30 2023n/an/a

-US$1b

Jun 30 2023n/an/a

-US$2b

Mar 31 2023n/an/a

-US$2b

Dec 31 2022US$20mUS$1

-US$3b

Sep 30 2022n/an/a

-US$3b

Jun 30 2022n/an/a

-US$2b

Mar 31 2022n/an/a

US$182m

Dec 31 2021US$20mUS$1

US$3b

Sep 30 2021n/an/a

US$3b

Jun 30 2021n/an/a

US$2b

Mar 31 2021n/an/a

US$2b

Dec 31 2020US$15mUS$105k

US$320m

Sep 30 2020n/an/a

US$196m

Jun 30 2020n/an/a

-US$67m

Mar 31 2020n/an/a

-US$132m

Dec 31 2019US$11mUS$616k

-US$125m

Sep 30 2019n/an/a

-US$127m

Jun 30 2019n/an/a

-US$78m

Mar 31 2019n/an/a

-US$73m

Dec 31 2018US$9mUS$586k

-US$65m

Sep 30 2018n/an/a

-US$66m

Jun 30 2018n/an/a

-US$52m

Mar 31 2018n/an/a

-US$42m

Dec 31 2017US$8mUS$638k

-US$40m

Compensation vs Market: Tobi's total compensation ($USD20.00M) is above average for companies of similar size in the BR market ($USD5.71M).

Compensation vs Earnings: Tobi's compensation has been consistent with company performance over the past year.

CEO

Tobi Lütke (43 yo)

20.2yrs

Tenure

US$20,000,008

Compensation

Mr. Tobias Lütke, also known as Tobi, Co-founded Shopify Inc. in September 2004 and serves as its Chairman and Head of R&D. He is an Independent Director of Coinbase Global, Inc. since February 02, 2022 an...

Leadership Team

NamePositionTenureCompensationOwnership
Tobias Lütke
Founder20.2yrsUS$20.00m6.16%
R$ 48.1b
Harley Finkelstein
President4.1yrsUS$7.26m0.000010%
R$ 78.1k
Jeff Hoffmeister
Chief Financial Officer2.1yrsUS$1.00m0.0044%
R$ 34.7m
Kasra Nejatian
VP of Product & COO2.2yrsUS$76.00m0.0085%
R$ 66.1m
Jessica Hertz
General Counsel & Corporate Secretary3.8yrsUS$8.85m0.0023%
R$ 17.6m
Carrie Gillard
Director of Investor Relationsno datano datano data
Bharati Balakrishnan
Country Head & Director- India3.1yrsno datano data
Loren Padelford
GM & VP of Shopify Plusno datano datano data
Arpan Podduturi
Director of Productno datano datano data
Thomas Epting
Director of Product for Shopify Fulfillment Networkno datano datano data
Katie Cerar
Product Lead of Shopify Plusno datano datano data
Cynthia Saucier
Director of UXno datano datano data

3.5yrs

Average Tenure

43yo

Average Age

Experienced Management: S2HO34's management team is considered experienced (3.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Tobias Lütke
Founder20.8yrsUS$20.00m6.16%
R$ 48.1b
Robert Ashe
Lead Independent Director9.9yrsUS$346.15k0.018%
R$ 143.0m
Gail Goodman
Independent Director8yrsUS$315.02k0.0054%
R$ 42.3m
Jeremy Levine
Independent Director13.8yrsno data0.056%
R$ 435.3m
Colleen Johnston
Independent Director5.8yrsUS$313.02k0.00084%
R$ 6.6m
Toby Shannan
Director1.8yrsUS$680.16k0.024%
R$ 190.0m
James Scott
Directorless than a yearno datano data
Prashanth Mahendra-Rajah
Independent Directorless than a yearno data0.000010%
R$ 78.1k
Fidji Simo
Independent Director2.9yrsUS$300.04k0.0011%
R$ 8.9m
Lulu Meservey
Independent Directorless than a yearno datano data

4.4yrs

Average Tenure

53yo

Average Age

Experienced Board: S2HO34's board of directors are considered experienced (4.4 years average tenure).