Shopify's CEO is Tobi Lutke, appointed in Sep 2004, has a tenure of 21.83 years. total yearly compensation is $35.00M, comprised of 0% salary and 100% bonuses, including company stock and options. directly owns 6.05% of the company’s shares, worth R$48.67B. The average tenure of the management team and the board of directors is 4.3 years and 2.1 years respectively.
Key information
Tobi Lutke
Chief executive officer
US$35.0m
Total compensation
CEO salary percentage
0.00%
CEO tenure
21.8yrs
CEO ownership
6.1%
Management average tenure
4.3yrs
Board average tenure
2.1yrs
Recent management updates
Recent updates
CEO Compensation Analysis
How has Tobi Lutke's remuneration changed compared to Shopify's earnings?
Date
Total Compensation
Salary
Company Earnings
Mar 31 2026
n/a
n/a
US$1b
Dec 31 2025
US$35m
US$1
US$1b
Sep 30 2025
n/a
n/a
US$2b
Jun 30 2025
n/a
n/a
US$2b
Mar 31 2025
n/a
n/a
US$2b
Dec 31 2024
US$150m
US$1
US$2b
Sep 30 2024
n/a
n/a
US$1b
Jun 30 2024
n/a
n/a
US$1b
Mar 31 2024
n/a
n/a
-US$209m
Dec 31 2023
US$20m
US$1
US$132m
Sep 30 2023
n/a
n/a
-US$1b
Jun 30 2023
n/a
n/a
-US$2b
Mar 31 2023
n/a
n/a
-US$2b
Dec 31 2022
US$20m
US$1
-US$3b
Sep 30 2022
n/a
n/a
-US$3b
Jun 30 2022
n/a
n/a
-US$2b
Mar 31 2022
n/a
n/a
US$182m
Dec 31 2021
US$20m
US$1
US$3b
Sep 30 2021
n/a
n/a
US$3b
Jun 30 2021
n/a
n/a
US$2b
Mar 31 2021
n/a
n/a
US$2b
Dec 31 2020
US$15m
US$105k
US$320m
Sep 30 2020
n/a
n/a
US$196m
Jun 30 2020
n/a
n/a
-US$67m
Mar 31 2020
n/a
n/a
-US$132m
Dec 31 2019
US$11m
US$616k
-US$125m
Compensation vs Market: Tobi's total compensation ($USD35.00M) is above average for companies of similar size in the BR market ($USD5.90M).
Compensation vs Earnings: Tobi's compensation has been consistent with company performance over the past year.
CEO
Tobi Lutke (45 yo)
21.8yrs
Tenure
US$35,000,027
Compensation
Mr. Tobias Lutke, also known as Tobi, is Founder of Shopify Inc., which he joined in September 2004 and served as its Chairman, serves as Director Chief Executive Officer and Head of R&D and has served as...
Leadership Team
Name
Position
Tenure
Compensation
Ownership
Tobias Lutke
Founder
21.8yrs
US$35.00m
6.05% R$ 48.7b
Harley Finkelstein
President
5.8yrs
US$7.52m
0.0014% R$ 10.9m
Jeff Hoffmeister
Chief Financial Officer
3.8yrs
US$10.50m
0.0061% R$ 48.9m
Jessica Hertz
Chief Operating Officer
less than a year
US$12.00m
0.0025% R$ 19.9m
Jean Niehaus
General Counsel
less than a year
US$1.52m
0.00043% R$ 3.5m
Carrie Gillard
Director of Investor Relations
no data
no data
no data
Bharati Balakrishnan
Country Head & Director- India
4.8yrs
no data
no data
Darryl Arvai
VP & Corporate Controller
no data
no data
no data
Michael Johnson
Corporate Secretary
no data
no data
no data
Vanessa Lee
Product Director
no data
no data
no data
Agatha Krajewski
Director of Product
no data
no data
no data
4.3yrs
Average Tenure
44yo
Average Age
Experienced Management: S2HO34's management team is considered experienced (4.3 years average tenure).
Board Members
Name
Position
Tenure
Compensation
Ownership
Tobias Lutke
Founder
22.5yrs
US$35.00m
6.05% R$ 48.7b
Jeremy Levine
Independent Director
15.4yrs
no data
0.055% R$ 445.2m
Joseph Natale
Lead Independent Director & Chair
1.1yrs
US$767.10k
0.00032% R$ 2.6m
Toby Shannan
Independent Director
3.5yrs
US$350.40k
0.019% R$ 155.8m
David Hansson
Independent Director
1.7yrs
US$343.78k
0.00029% R$ 2.3m
James Scott
Independent Director
2yrs
US$350.40k
0.00042% R$ 3.4m
Fidji Simo
Independent Director
4.6yrs
US$365.63k
0.0014% R$ 10.9m
Lulu Meservey
Independent Director
2.1yrs
US$350.40k
0.00083% R$ 6.7m
Jeanne Dewitt Grosser
Independent Director
less than a year
no data
no data
2.1yrs
Average Tenure
46yo
Average Age
Experienced Board: S2HO34's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/07/05 09:27
End of Day Share Price
2026/07/03 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Shopify Inc. is covered by 83 analysts. 46 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.