Dropbox Management
Management criteria checks 3/4
Dropbox's CEO is Drew Houston, appointed in Jun 2007, has a tenure of 17.5 years. total yearly compensation is $1.54M, comprised of 40.6% salary and 59.4% bonuses, including company stock and options. directly owns 27.78% of the company’s shares, worth CHF2.32B. The average tenure of the management team and the board of directors is 5.4 years and 5.3 years respectively.
Key information
Drew Houston
Chief executive officer
US$1.5m
Total compensation
| CEO salary percentage | 40.6% |
| CEO tenure | 17.5yrs |
| CEO ownership | 27.8% |
| Management average tenure | 5.4yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$577m |
| Jun 30 2024 | n/a | n/a | US$584m |
| Mar 31 2024 | n/a | n/a | US$517m |
| Dec 31 2023 | US$2m | US$625k | US$454m |
| Sep 30 2023 | n/a | n/a | US$555m |
| Jun 30 2023 | n/a | n/a | US$524m |
| Mar 31 2023 | n/a | n/a | US$543m |
| Dec 31 2022 | US$1m | US$625k | US$553m |
| Sep 30 2022 | n/a | n/a | US$350m |
| Jun 30 2022 | n/a | n/a | US$342m |
| Mar 31 2022 | n/a | n/a | US$368m |
| Dec 31 2021 | US$2m | US$606k | US$336m |
| Sep 30 2021 | n/a | n/a | -US$135m |
| Jun 30 2021 | n/a | n/a | -US$177m |
| Mar 31 2021 | n/a | n/a | -US$248m |
| Dec 31 2020 | US$1m | US$588k | -US$256m |
| Sep 30 2020 | n/a | n/a | US$83m |
| Jun 30 2020 | n/a | n/a | US$33m |
| Mar 31 2020 | n/a | n/a | -US$6m |
| Dec 31 2019 | US$1m | US$700k | -US$53m |
| Sep 30 2019 | n/a | n/a | -US$56m |
| Jun 30 2019 | n/a | n/a | -US$44m |
| Mar 31 2019 | n/a | n/a | -US$27m |
| Dec 31 2018 | US$1m | US$675k | -US$485m |
Compensation vs Market: Drew's total compensation ($USD1.54M) is about average for companies of similar size in the Swiss market ($USD1.91M).
Compensation vs Earnings: Drew's compensation has increased by more than 20% in the past year.
CEO
Drew Houston (41 yo)
17.5yrs
Tenure
US$1,539,577
Compensation
Mr. Andrew W. Houston, also known as Drew, co-founded Dropbox Inc. and has been its Chief Executive Officer and Director since June 2007 and also serves as its Chairman. He served as President of Dropbox I...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 17.5yrs | US$1.54m | 27.78% CHF 2.3b | |
| Chief Financial Officer | 4.3yrs | US$5.68m | 0.13% CHF 11.2m | |
| Chief Legal Officer | 8.5yrs | US$4.24m | 0.12% CHF 9.8m | |
| Chief Customer Officer | less than a year | US$250.00k | 0.012% CHF 1.0m | |
| Chief Communications Officer | no data | no data | no data | |
| Chief People Officer | 5.4yrs | no data | no data |
5.4yrs
Average Tenure
47.5yo
Average Age
Experienced Management: 1Q5's management team is seasoned and experienced (5.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 17.5yrs | US$1.54m | 27.78% CHF 2.3b | |
| Independent Director | 8.7yrs | US$312.35k | 0.098% CHF 8.2m | |
| Lead Independent Director | 7yrs | US$362.35k | 0.032% CHF 2.7m | |
| Independent Director | 3.4yrs | US$333.54k | 0.0097% CHF 809.1k | |
| Independent Director | 5.3yrs | US$314.85k | 0.0018% CHF 149.8k | |
| Independent Director | 4yrs | US$307.35k | 0.012% CHF 1.0m | |
| Independent Director | 2.8yrs | US$307.35k | 0.0081% CHF 679.4k | |
| Independent Director | less than a year | US$104.17k | 0.0012% CHF 97.9k | |
| Independent Director | 5.3yrs | US$309.85k | 0.0043% CHF 361.4k |
5.3yrs
Average Tenure
59yo
Average Age
Experienced Board: 1Q5's board of directors are considered experienced (5.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 12:33 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
Dropbox, Inc. is covered by 23 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Edward Magi | Berenberg |
| Michael Funk | BofA Global Research |