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 6.18% of the company’s shares, worth €5.22B. 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 |
---|---|---|---|
Dec 31 2023 | n/a | n/a | 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 German market ($USD5.55M).
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$20,000,156
Compensation
Mr. Tobias Lütke, also known as Tobi, Co-founded Shopify Inc. in September 2004 and serves as its Chairman. He is an Independent Director of Coinbase Global, Inc. since February 02, 2022 and serves as Dire...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Founder | 19.7yrs | US$20.00m | 6.18% $ 5.2b | |
President | 3.6yrs | US$10.67m | 0.0028% $ 2.3m | |
Chief Financial Officer | 1.6yrs | US$8.76m | 0.0027% $ 2.3m | |
VP of Product & COO | 1.7yrs | US$16.87m | 0.015% $ 12.4m | |
General Counsel & Corporate Secretary | 3.3yrs | US$6.10m | 0.00096% $ 811.7k | |
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 | 6.18% $ 5.2b | |
Lead Independent Director | 9.4yrs | US$329.75k | 0.024% $ 20.7m | |
Independent Director | 7.5yrs | US$315.09k | 0.0051% $ 4.3m | |
Independent Director | 13.3yrs | no data | 0.056% $ 47.3m | |
Independent Director | 5.3yrs | US$313.09k | 0.00086% $ 727.2k | |
Director | 1.3yrs | US$20.66m | 0.025% $ 21.5m | |
Independent Director | less than a year | no data | 0.000080% $ 67.6k | |
Independent Director | 2.4yrs | US$682.41k | 0.00085% $ 718.7k |
6.4yrs
Average Tenure
51yo
Average Age
Experienced Board: 307's board of directors are considered experienced (6.4 years average tenure).