Shopify Management
Management criteria checks 3/4
Shopify's CEO is Tobi Lütke, appointed in Sep 2004, has a tenure of 19.67 years. total yearly compensation is $20.00M, comprised of 0% salary and 100% bonuses, including company stock and options. directly owns 6.17% of the company’s shares, worth CHF4.15B. The average tenure of the management team and the board of directors is 3 years and 6.4 years respectively.
Key information
Tobi Lütke
Chief executive officer
US$20.0m
Total compensation
CEO salary percentage | 0.0% |
CEO tenure | 19.7yrs |
CEO ownership | 6.2% |
Management average tenure | 3yrs |
Board average tenure | 6.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
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 |
Sep 30 2019 | n/a | n/a | -US$127m |
Jun 30 2019 | n/a | n/a | -US$78m |
Mar 31 2019 | n/a | n/a | -US$73m |
Dec 31 2018 | US$9m | US$586k | -US$65m |
Sep 30 2018 | n/a | n/a | -US$66m |
Jun 30 2018 | n/a | n/a | -US$52m |
Mar 31 2018 | n/a | n/a | -US$42m |
Dec 31 2017 | US$8m | US$638k | -US$40m |
Compensation vs Market: Tobi's total compensation ($USD20.00M) is above average for companies of similar size in the Swiss market ($USD5.86M).
Compensation vs Earnings: Tobi's compensation has been consistent with company performance over the past year.
CEO
Tobi Lütke (42 yo)
19.7yrs
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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Founder | 19.7yrs | US$20.00m | 6.17% $ 4.1b | |
President | 3.6yrs | US$7.26m | 0.0026% $ 1.8m | |
Chief Financial Officer | 1.6yrs | US$1.00m | 0.0027% $ 1.8m | |
VP of Product & COO | 1.7yrs | US$76.00m | 0.015% $ 10.0m | |
General Counsel & Corporate Secretary | 3.3yrs | US$8.85m | 0.00096% $ 644.8k | |
Director of Investor Relations | no data | no data | no data | |
Country Head & Director- India | 2.6yrs | no data | no data | |
GM & VP of Shopify Plus | no data | no data | no data | |
Director of Product | no data | no data | no data | |
Director of Product for Shopify Fulfillment Network | no data | no data | no data | |
Product Lead of Shopify Plus | no data | no data | no data | |
Director of UX | no data | no data | no data |
3.0yrs
Average Tenure
42yo
Average Age
Experienced Management: 307's management team is considered experienced (3 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Founder | 20.3yrs | US$20.00m | 6.17% $ 4.1b | |
Lead Independent Director | 9.4yrs | US$346.15k | 0.024% $ 16.4m | |
Independent Director | 7.5yrs | US$315.02k | 0.0051% $ 3.5m | |
Independent Director | 13.3yrs | no data | 0.056% $ 37.6m | |
Independent Director | 5.3yrs | US$313.02k | 0.00086% $ 577.7k | |
Director | 1.3yrs | US$680.16k | 0.025% $ 17.0m | |
Independent Director | less than a year | US$670.08k | 0.000080% $ 53.7k | |
Independent Director | 2.4yrs | US$300.04k | 0.00085% $ 570.9k |
6.4yrs
Average Tenure
51yo
Average Age
Experienced Board: 307's board of directors are considered experienced (6.4 years average tenure).