Stitch Fix Management
Management criteria checks 3/4
Stitch Fix's CEO is Matt Baer, appointed in Jun 2023, has a tenure of 1.42 years. total yearly compensation is $1.46M, comprised of 58.1% salary and 41.9% bonuses, including company stock and options. directly owns 0.17% of the company’s shares, worth $923.05K. The average tenure of the management team and the board of directors is 1.5 years and 3.9 years respectively.
Key information
Matt Baer
Chief executive officer
US$1.5m
Total compensation
| CEO salary percentage | 58.1% |
| CEO tenure | 1.4yrs |
| CEO ownership | 0.2% |
| Management average tenure | 1.5yrs |
| Board average tenure | 3.9yrs |
Recent management updates
Recent updates
Stitch Fix: Never-Ending Declines (Rating Downgrade)
Oct 25More Unpleasant Surprises Could Be In Store For Stitch Fix, Inc.'s (NASDAQ:SFIX) Shares After Tumbling 30%
Oct 13
Stitch Fix: Another Major Disappointment
Sep 25Stitch Fix: Operational Efficiencies Not Enough To Stop Revenue Decline
Sep 03Stitch Fix, Inc. (NASDAQ:SFIX) Shares May Have Slumped 25% But Getting In Cheap Is Still Unlikely
Aug 28When Should You Buy Stitch Fix, Inc. (NASDAQ:SFIX)?
Jul 30Stitch Fix: Ride The Transformation Higher
Jul 26Stitch Fix: Short Term Pop Won't Fix Longer Term Issues
Jul 07Revenues Not Telling The Story For Stitch Fix, Inc. (NASDAQ:SFIX) After Shares Rise 66%
Jul 03Stitch Fix Earnings: Fixed Up? I Don't Think So
Jun 05Stitch Fix, Inc.'s (NASDAQ:SFIX) Share Price Not Quite Adding Up
May 14Stitch Fix: Retention Strategies May Prove Costly (Rating Downgrade)
Apr 21Are Investors Undervaluing Stitch Fix, Inc. (NASDAQ:SFIX) By 46%?
Apr 02Stitch Fix's Model Needs Improvements
Mar 16Stitch Fix, Inc. (NASDAQ:SFIX) Just Reported, And Analysts Assigned A US$3.42 Price Target
Mar 07Stitch Fix Plunges On Disappointing Results
Mar 05Stitch Fix, Inc.'s (NASDAQ:SFIX) Shares May Have Run Too Fast Too Soon
Feb 12Stitch Fix: Declining Active Clients Leading To Revenue Drop
Feb 06Stitch Fix Continues To Lose Customers, But Profitability Is Hanging On
Jan 16Is There An Opportunity With Stitch Fix, Inc.'s (NASDAQ:SFIX) 40% Undervaluation?
Sep 30Companies Like Stitch Fix (NASDAQ:SFIX) Can Afford To Invest In Growth
Aug 11Stitch Fix (NASDAQ:SFIX) Is In A Good Position To Deliver On Growth Plans
May 04Is Stitch Fix (NASDAQ:SFIX) In A Good Position To Deliver On Growth Plans?
Jan 12What Is Stitch Fix, Inc.'s (NASDAQ:SFIX) Share Price Doing?
Nov 13Is Stitch Fix, Inc. (NASDAQ:SFIX) Trading At A 34% Discount?
Oct 17Stitch Fix, Inc. (NASDAQ:SFIX) Analysts Just Cut Their EPS Forecasts Substantially
Sep 21Stitch Fix: Eyeing A Bounce Post-Earnings, But The Long-Term Trend Is Bearish
Sep 18Stitch Fix: No Rescue In Sight
Jul 13CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Aug 03 2024 | US$1m | US$851k | -US$119m |
| Apr 27 2024 | n/a | n/a | -US$125m |
| 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$150m |
Compensation vs Market: Matt's total compensation ($USD1.46M) is below average for companies of similar size in the US market ($USD2.14M).
Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.
CEO
Matt Baer (41 yo)
1.4yrs
Tenure
US$1,464,928
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 |
|---|---|---|---|---|
| CEO & Director | 1.4yrs | US$1.46m | 0.17% $ 923.1k | |
| Chief Financial Officer | 1.6yrs | US$724.50k | 0.84% $ 4.5m | |
| Chief Product & Technology Officer | less than a year | US$5.87m | 0.073% $ 395.9k | |
| Chief Legal Officer & Corporate Secretary | 2yrs | US$2.40m | 0.53% $ 2.8m | |
| Founder & Executive Chairperson | 13.8yrs | US$476.11k | 7.26% $ 39.2m | |
| 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 | 2.5yrs | no data | no data | |
| Chief People Officer | less than a year | no data | no data |
1.5yrs
Average Tenure
42.5yo
Average Age
Experienced Management: SFIX's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.4yrs | US$1.46m | 0.17% $ 923.1k | |
| Founder & Executive Chairperson | 13.8yrs | US$476.11k | 7.26% $ 39.2m | |
| Independent Director | 11.3yrs | no data | 1.78% $ 9.6m | |
| Lead Independent Director | 8yrs | US$391.86k | 0.028% $ 149.8k | |
| Director | less than a year | no data | no data | |
| Independent Director | 5.8yrs | US$381.86k | 0.033% $ 179.5k | |
| Director | less than a year | no data | no data | |
| Independent Director | 1.9yrs | US$364.36k | 0.023% $ 122.5k |
3.9yrs
Average Tenure
50.5yo
Average Age
Experienced Board: SFIX's board of directors are considered experienced (3.9 years average tenure).