Maplebear Management
Management criteria checks 3/4
Maplebear's CEO is Fidji Simo, appointed in Aug 2021, has a tenure of 2.75 years. total yearly compensation is $5.27M, comprised of 9.5% salary and 90.5% bonuses, including company stock and options. directly owns 0.8% of the company’s shares, worth $79.74M. The average tenure of the management team and the board of directors is 2.8 years and 3.3 years respectively.
Key information
Fidji Simo
Chief executive officer
US$5.3m
Total compensation
| CEO salary percentage | 9.5% |
| CEO tenure | 2.8yrs |
| CEO ownership | 0.8% |
| Management average tenure | 2.8yrs |
| Board average tenure | 3.3yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$5m | US$500k | -US$2b |
| Sep 30 2023 | n/a | n/a | -US$2b |
| Jun 30 2023 | n/a | n/a | US$357m |
| Mar 31 2023 | n/a | n/a | US$67m |
| Dec 31 2022 | US$2m | US$500k | US$77m |
Compensation vs Market: Fidji's total compensation ($USD5.27M) is below average for companies of similar size in the US market ($USD13.59M).
Compensation vs Earnings: Fidji's compensation has increased whilst the company is unprofitable.
CEO
Fidji Simo (37 yo)
2.8yrs
Tenure
US$5,273,573
Compensation
Ms. Fidji Simo serves as an Independent Director at Shopify Inc. since December 15, 2021. She has been Director of OpenAI, L.L.C. since March 2024. She serves as Co-Founder & President at Metrodora Institu...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chair | 2.8yrs | US$5.27m | 0.80% $ 79.7m | |
| CFO & Treasurer | 3.3yrs | US$2.14m | 0.22% $ 21.6m | |
| General Counsel & Secretary | 7.4yrs | US$1.70m | 0.16% $ 15.7m | |
| Co-founder | no data | no data | no data | |
| VP & Head of Operations | less than a year | no data | no data | |
| Chief Accounting Officer | no data | no data | 0.023% $ 2.3m | |
| Vice President of Investor Relations | no data | no data | no data | |
| Chief Marketing Officer | no data | no data | no data | |
| Chief Human Resources Officer | 3.6yrs | no data | no data | |
| Chief Business Officer | 1.8yrs | no data | no data | |
| Chief Product Officer | 1.8yrs | no data | no data | |
| Chief Corporate Affairs Officer | no data | no data | no data |
2.8yrs
Average Tenure
46yo
Average Age
Experienced Management: CART's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chair | 3.3yrs | US$5.27m | 0.80% $ 79.7m | |
| Independent Director | 10.9yrs | US$80.00k | 0.38% $ 38.3m | |
| Independent Director | 9.9yrs | US$50.00k | 0.018% $ 1.8m | |
| Independent Director | 3.3yrs | US$50.00k | 0.014% $ 1.4m | |
| Board Observer | 9.3yrs | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 3.3yrs | US$75.00k | 0.020% $ 2.0m | |
| Independent Director | 3.9yrs | US$60.00k | 0.0054% $ 536.0k | |
| Independent Director | 2.6yrs | US$85.00k | 0.0045% $ 451.2k | |
| Independent Director | less than a year | US$264.85k | 0.34% $ 33.5m | |
| Lead Independent Director | 2.6yrs | US$92.50k | 0.0045% $ 451.2k |
3.3yrs
Average Tenure
63yo
Average Age
Experienced Board: CART's board of directors are considered experienced (3.3 years average tenure).