Stitch Fix Management
Management criteria checks 1/4
Stitch Fix's CEO is Matt Baer, appointed in Jun 2023, has a tenure of less than a year. total yearly compensation is $9.85M, comprised of 0.7% salary and 99.3% bonuses, including company stock and options. directly owns 0.87% of the company’s shares, worth €2.21M. The average tenure of the management team and the board of directors is 1.2 years and 7.4 years respectively.
Key information
Matt Baer
Chief executive officer
US$9.9m
Total compensation
| CEO salary percentage | 0.7% |
| CEO tenure | less than a year |
| CEO ownership | 0.9% |
| Management average tenure | 1.2yrs |
| Board average tenure | 7.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jan 27 2024 | n/a | n/a | -US$122m |
| Oct 28 2023 | n/a | n/a | -US$150m |
| Jul 29 2023 | US$10m | US$65k | -US$172m |
Compensation vs Market: Matt's total compensation ($USD9.85M) is above average for companies of similar size in the German market ($USD705.27K).
Compensation vs Earnings: Insufficient data to compare Matt's compensation with company performance.
CEO
Matt Baer (41 yo)
less than a year
Tenure
US$9,853,546
Compensation
Mr. Matt Baer is Chief Executive Officer at Stitch Fix Inc. from June 26, 2023 and serves as Director since June 2023. He served as Chief Digital & Customer Officer of Macy's Inc. from 2021 until June 2023...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairperson | 13.2yrs | US$476.11k | 7.98% $ 20.1m | |
| CEO & Director | less than a year | US$9.85m | 0.87% $ 2.2m | |
| Chief Financial Officer | less than a year | US$8.20m | 0.58% $ 1.5m | |
| Chief Legal Officer & Corporate Secretary | 1.4yrs | US$2.90m | 0.39% $ 975.7k | |
| VP & Chief Accounting Officer | 2.4yrs | no data | 0.029% $ 72.8k | |
| Chief Product & Technology Officer | less than a year | no data | no data | |
| Senior Director of Investor Relations & Treasury | no data | no data | no data | |
| Vice President of Communications | less than a year | no data | no data | |
| Chief Marketing Officer | 1.9yrs | no data | no data | |
| Chief People Officer | less than a year | no data | no data | |
| Chief Merchandising & Client Services Officer | 2.3yrs | no data | no data |
1.2yrs
Average Tenure
41yo
Average Age
Experienced Management: SYJ's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairperson | 13.2yrs | US$476.11k | 7.98% $ 20.1m | |
| CEO & Director | less than a year | US$9.85m | 0.87% $ 2.2m | |
| Independent Director | 10.7yrs | no data | 0% $ 0 | |
| Independent Director | 13yrs | no data | 4.42% $ 11.2m | |
| Lead Independent Director | 7.4yrs | US$373.27k | 0.029% $ 72.7k | |
| Independent Director | 5.3yrs | US$363.27k | 0.035% $ 87.1k | |
| Independent Director | 1.3yrs | US$247.38k | 0.024% $ 59.5k |
7.4yrs
Average Tenure
47yo
Average Age
Experienced Board: SYJ's board of directors are considered experienced (7.4 years average tenure).