Flywire Management

Management criteria checks 3/4

Flywire's CEO is Mike Massaro, appointed in Dec 2013, has a tenure of 11.17 years. total yearly compensation is $8.67M, comprised of 5.2% salary and 94.8% bonuses, including company stock and options. directly owns 1.15% of the company’s shares, worth $27.60M. The average tenure of the management team and the board of directors is 5.7 years and 7 years respectively.

Key information

Mike Massaro

Chief executive officer

US$8.7m

Total compensation

CEO salary percentage5.2%
CEO tenure11.2yrs
CEO ownership1.1%
Management average tenure5.7yrs
Board average tenure7yrs

Recent management updates

Recent updates

Flywire: Solid Outlook For Growth And Margin Expansion Despite Some Headwinds

Dec 29

Flywire Corporation (NASDAQ:FLYW) Stocks Shoot Up 32% But Its P/S Still Looks Reasonable

Nov 25
Flywire Corporation (NASDAQ:FLYW) Stocks Shoot Up 32% But Its P/S Still Looks Reasonable

Flywire Corporation's (NASDAQ:FLYW) Popularity With Investors Is Clear

Oct 11
Flywire Corporation's (NASDAQ:FLYW) Popularity With Investors Is Clear

Flywire: Growth Outlook Remains Robust

Sep 10

Flywire Corporation: Strong Secular Tailwind And Visibility To Margin Expansion

Jun 27

Flywire Corporation's (NASDAQ:FLYW) P/S Is On The Mark

Jun 25
Flywire Corporation's (NASDAQ:FLYW) P/S Is On The Mark

Flywire: Doubling Down On Education Vertical To Fuel Future Growth

Apr 03

Flywire Corporation (NASDAQ:FLYW) Looks Just Right With A 30% Price Jump

Feb 29
Flywire Corporation (NASDAQ:FLYW) Looks Just Right With A 30% Price Jump

Flywire: I Remain Positive Despite Recent Downside

Jan 22

Investors Interested In Flywire Corporation's (NASDAQ:FLYW) Revenues

Dec 26
Investors Interested In Flywire Corporation's (NASDAQ:FLYW) Revenues

With Flywire Corporation (NASDAQ:FLYW) It Looks Like You'll Get What You Pay For

Apr 17
With Flywire Corporation (NASDAQ:FLYW) It Looks Like You'll Get What You Pay For

An Intrinsic Calculation For Flywire Corporation (NASDAQ:FLYW) Suggests It's 33% Undervalued

Mar 06
An Intrinsic Calculation For Flywire Corporation (NASDAQ:FLYW) Suggests It's 33% Undervalued

An Intrinsic Calculation For Flywire Corporation (NASDAQ:FLYW) Suggests It's 38% Undervalued

Dec 01
An Intrinsic Calculation For Flywire Corporation (NASDAQ:FLYW) Suggests It's 38% Undervalued

CEO Compensation Analysis

How has Mike Massaro's remuneration changed compared to Flywire's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$20m

Jun 30 2024n/an/a

-US$8m

Mar 31 2024n/an/a

-US$11m

Dec 31 2023US$9mUS$450k

-US$9m

Sep 30 2023n/an/a

-US$11m

Jun 30 2023n/an/a

-US$26m

Mar 31 2023n/an/a

-US$33m

Dec 31 2022US$7mUS$450k

-US$39m

Sep 30 2022n/an/a

-US$49m

Jun 30 2022n/an/a

-US$35m

Mar 31 2022n/an/a

-US$30m

Dec 31 2021US$5mUS$450k

-US$28m

Sep 30 2021n/an/a

-US$21m

Jun 30 2021n/an/a

-US$30m

Mar 31 2021n/an/a

-US$23m

Dec 31 2020US$624kUS$425k

-US$11m

Compensation vs Market: Mike's total compensation ($USD8.67M) is above average for companies of similar size in the US market ($USD6.65M).

Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.


CEO

Mike Massaro (45 yo)

11.2yrs

Tenure

US$8,673,572

Compensation

Mr. Michael Massaro, also known as Mike, serves as Chief Executive Officer and Director of Flywire Corporation since December 2013. He served as Vice President, Sales and Business Development at Flywire Co...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Massaro
CEO & Director11.2yrsUS$8.67m1.15%
$ 27.6m
Robert Orgel
President & COO5.3yrsUS$4.68m0.11%
$ 2.6m
David King
Chief Technology Officer5.7yrsUS$3.74m0.51%
$ 12.2m
Peter Butterfield
General Counsel & Chief Compliance Officer9.9yrsUS$2.42m0.10%
$ 2.4m
Cosmin Pitigoi
CFO and Principal Financial & Accounting Officerless than a yearno datano data
Barbara Cousins
CIO, CISO & Head of Internal Audit2.1yrsno datano data
Allison MacLeod
Chief Marketing Officerno datano datano data
Uday Seth
Senior Vice President of Business Operations & Corporate Developmentno datano datano data
Gary Cunningham
Chief People Officer3.8yrsno datano data
Sharon Butler
Executive Vice President of Global Education8.8yrsUS$2.34mno data
John Talaga
Executive Vice President of Healthcare7.1yrsno datano data
Ryan Frere
Executive VP & GM of B2Bno datano datano data

5.7yrs

Average Tenure

55yo

Average Age

Experienced Management: FLYW's management team is seasoned and experienced (5.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Massaro
CEO & Director11.2yrsUS$8.67m1.15%
$ 27.6m
Matthew Harris
Independent Director10.1yrsno data0%
$ 0
Phillip Riese
Independent Chairman of the Board11.5yrsUS$257.99k0.17%
$ 4.0m
Edwin Santos
Independent Director3.8yrsUS$233.99k0%
$ 0
Alex Finkelstein
Independent Director14.1yrsUS$200.82k0.19%
$ 4.5m
Diane Offereins
Independent Director2.1yrsUS$565.99k0.0083%
$ 199.4k
Carleigh Jaques
Directorless than a yearno datano data
Gretchen Howard
Independent Director1.4yrsUS$361.57kno data

7.0yrs

Average Tenure

51yo

Average Age

Experienced Board: FLYW's board of directors are considered experienced (7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/02 02:35
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Flywire Corporation is covered by 22 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jason KupferbergBofA Global Research
Harold GoetschB. Riley Securities, Inc.
Andrew HarteBTIG