Stitch Fix Management
Management criteria checks 3/4
Stitch Fix's CEO is Matt Baer, appointed in Jun 2023, has a tenure of 1.67 years. total yearly compensation is $1.46M, comprised of 58.1% salary and 41.9% bonuses, including company stock and options. directly owns 1.15% of the company’s shares, worth €7.55M. The average tenure of the management team and the board of directors is 1.8 years and 4.1 years respectively.
Key information
Matt Baer
Chief executive officer
US$1.5m
Total compensation
| CEO salary percentage | 58.1% |
| CEO tenure | 1.7yrs |
| CEO ownership | 1.1% |
| Management average tenure | 1.8yrs |
| Board average tenure | 4.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Nov 02 2024 | n/a | n/a | -US$99m |
| Aug 03 2024 | US$1m | US$851k | -US$119m |
| Apr 27 2024 | n/a | n/a | -US$125m |
| Jan 27 2024 | n/a | n/a | -US$122m |
| Oct 28 2023 | n/a | n/a | -US$128m |
| Jul 29 2023 | US$10m | US$65k | -US$150m |
Compensation vs Market: Matt's total compensation ($USD1.46M) is about average for companies of similar size in the German market ($USD1.39M).
Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.
CEO
Matt Baer (41 yo)
1.7yrs
Tenure
US$1,464,928
Compensation
Mr. Matthew Baer, also known as Matt, is Director of La-Z-Boy Incorporated from January 1, 2025. Mr. Baer is Chief Executive Officer at Stitch Fix Inc. from June 26, 2023 and serves as Director since June...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.7yrs | US$1.46m | 1.15% € 7.5m | |
| Chief Financial Officer | 1.8yrs | US$724.50k | 0.81% € 5.3m | |
| Chief Product & Technology Officer | 1.3yrs | US$5.87m | 0.063% € 415.4k | |
| Chief Legal Officer & Corporate Secretary | 2.3yrs | US$2.40m | 0.51% € 3.3m | |
| Founder & Executive Chairperson | 14yrs | US$476.11k | 6.56% € 43.1m | |
| Senior Director of Investor Relations & Treasury | no data | no data | no data | |
| Vice President of Communications | 1.2yrs | no data | no data | |
| Chief Marketing Officer | 2.8yrs | no data | no data | |
| Chief People Officer | less than a year | no data | no data |
1.8yrs
Average Tenure
42.5yo
Average Age
Experienced Management: SYJ's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.7yrs | US$1.46m | 1.15% € 7.5m | |
| Founder & Executive Chairperson | 14yrs | US$476.11k | 6.56% € 43.1m | |
| Independent Director | 11.5yrs | no data | 1.75% € 11.5m | |
| Lead Independent Director | 8.3yrs | US$391.86k | 0.053% € 345.1k | |
| Independent Director | less than a year | no data | 0.0053% € 35.0k | |
| Independent Director | 6.1yrs | US$381.86k | 0.058% € 380.7k | |
| Independent Director | less than a year | no data | 0.0053% € 35.0k | |
| Independent Director | 2.2yrs | US$364.36k | 0.048% € 312.5k |
4.1yrs
Average Tenure
49.5yo
Average Age
Experienced Board: SYJ's board of directors are considered experienced (4.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/19 02:42 |
| End of Day Share Price | 2025/02/19 00:00 |
| Earnings | 2024/11/02 |
| Annual Earnings | 2024/08/03 |
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.
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
Stitch Fix, Inc. is covered by 26 analysts. 6 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 |
|---|---|
| Ross Sandler | Barclays |
| Trevor Young | Barclays |
| Simeon Siegel | BMO Capital Markets Equity Research |