Flywire Management
Management criteria checks 3/4
Flywire's CEO is Mike Massaro, appointed in Dec 2013, has a tenure of 10.92 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 $32.69M. The average tenure of the management team and the board of directors is 5.4 years and 6.7 years respectively.
Key information
Mike Massaro
Chief executive officer
US$8.7m
Total compensation
| CEO salary percentage | 5.2% |
| CEO tenure | 10.9yrs |
| CEO ownership | 1.1% |
| Management average tenure | 5.4yrs |
| Board average tenure | 6.7yrs |
Recent management updates
Recent updates
Flywire Corporation's (NASDAQ:FLYW) Popularity With Investors Is Clear
Oct 11
Flywire: Growth Outlook Remains Robust
Sep 10Flywire Corporation: Strong Secular Tailwind And Visibility To Margin Expansion
Jun 27Flywire Corporation's (NASDAQ:FLYW) P/S Is On The Mark
Jun 25Flywire: Doubling Down On Education Vertical To Fuel Future Growth
Apr 03Flywire Corporation (NASDAQ:FLYW) Looks Just Right With A 30% Price Jump
Feb 29Flywire: I Remain Positive Despite Recent Downside
Jan 22Investors Interested In Flywire Corporation's (NASDAQ:FLYW) Revenues
Dec 26With Flywire Corporation (NASDAQ:FLYW) It Looks Like You'll Get What You Pay For
Apr 17An Intrinsic Calculation For Flywire Corporation (NASDAQ:FLYW) Suggests It's 33% Undervalued
Mar 06An Intrinsic Calculation For Flywire Corporation (NASDAQ:FLYW) Suggests It's 38% Undervalued
Dec 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$20m |
| Jun 30 2024 | n/a | n/a | -US$8m |
| Mar 31 2024 | n/a | n/a | -US$11m |
| Dec 31 2023 | US$9m | US$450k | -US$9m |
| Sep 30 2023 | n/a | n/a | -US$11m |
| Jun 30 2023 | n/a | n/a | -US$26m |
| Mar 31 2023 | n/a | n/a | -US$33m |
| Dec 31 2022 | US$7m | US$450k | -US$39m |
| Sep 30 2022 | n/a | n/a | -US$49m |
| Jun 30 2022 | n/a | n/a | -US$35m |
| Mar 31 2022 | n/a | n/a | -US$30m |
| Dec 31 2021 | US$5m | US$450k | -US$28m |
| Sep 30 2021 | n/a | n/a | -US$21m |
| Jun 30 2021 | n/a | n/a | -US$30m |
| Mar 31 2021 | n/a | n/a | -US$23m |
| Dec 31 2020 | US$624k | US$425k | -US$11m |
Compensation vs Market: Mike's total compensation ($USD8.67M) is above average for companies of similar size in the US market ($USD6.60M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Massaro (45 yo)
10.9yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 10.9yrs | US$8.67m | 1.15% $ 32.7m | |
| President & COO | 5yrs | US$4.68m | 0.11% $ 3.1m | |
| Chief Technology Officer | 5.4yrs | US$3.74m | 0.51% $ 14.4m | |
| General Counsel & Chief Compliance Officer | 9.7yrs | US$2.42m | 0.10% $ 2.9m | |
| CFO and Principal Financial & Accounting Officer | less than a year | no data | no data | |
| CIO, CISO & Head of Internal Audit | 1.8yrs | no data | no data | |
| Vice President of Financial Planning & Analysis and Investor Relations | no data | no data | no data | |
| Chief Marketing Officer | no data | no data | no data | |
| Senior Vice President of Business Operations & Corporate Development | no data | no data | no data | |
| Chief People Officer | 3.5yrs | no data | no data | |
| Executive Vice President of Global Education | 8.5yrs | US$2.34m | 0.27% $ 7.7m | |
| Executive Vice President of Healthcare | 6.8yrs | no data | no data |
5.4yrs
Average Tenure
55yo
Average Age
Experienced Management: FLYW's management team is seasoned and experienced (5.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 10.9yrs | US$8.67m | 1.15% $ 32.7m | |
| Independent Director | 9.8yrs | no data | 0% $ 0 | |
| Independent Chairman of the Board | 11.3yrs | US$257.99k | 0.17% $ 4.7m | |
| Independent Director | 3.6yrs | US$233.99k | 0% $ 0 | |
| Independent Director | 13.8yrs | US$200.82k | 0.19% $ 5.3m | |
| Independent Director | 1.8yrs | US$565.99k | 0.0083% $ 236.4k | |
| Director | no data | no data | no data | |
| Independent Director | 1.2yrs | US$361.57k | no data |
6.7yrs
Average Tenure
51yo
Average Age
Experienced Board: FLYW's board of directors are considered experienced (6.7 years average tenure).