Shopify Management
Management criteria checks 3/4
Shopify's CEO is Tobi Lütke, appointed in Sep 2004, has a tenure of 20.17 years. total yearly compensation is $20.00M, comprised of 0% salary and 100% bonuses, including company stock and options. directly owns 6.16% of the company’s shares, worth $8.32B. The average tenure of the management team and the board of directors is 3.5 years and 4.4 years respectively.
Key information
Tobi Lütke
Chief executive officer
US$20.0m
Total compensation
| CEO salary percentage | 0.0% |
| CEO tenure | 20.2yrs |
| CEO ownership | 6.2% |
| Management average tenure | 3.5yrs |
| Board average tenure | 4.4yrs |
Recent management updates
Recent updates
Can Shopify Re-Rate Higher After The Q3 2024 Earnings Outperformance Rally?
Nov 12Shopify: One Of The Best E-Commerce Platforms But Too Expensive
Oct 28Estimating The Fair Value Of Shopify Inc. (NYSE:SHOP)
Oct 18
Shopify: More Upside Ahead, But Look For Exits Soon (Rating Downgrade)
Oct 16Shopify: There Is A Light At The End Of The Tunnel (Rating Upgrade)
Oct 03How Shopify Is Disrupting Lending And Driving Massive Stock Growth
Sep 27Shopify: Optimistic Guidance Drives A Sharp Rise In Stock Price
Sep 13Shopify Continues Increasing Operating Income
Sep 06Why Investors Shouldn't Be Surprised By Shopify Inc.'s (NYSE:SHOP) 36% Share Price Surge
Sep 01Shopify's Unseen Advantage: Strong Earnings In A Weak Consumer Environment
Aug 22Shopify (NYSE:SHOP) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Aug 20Shopify: Strong Returns Still Ahead, Buy Before It's Too Late
Aug 16Shopify: Solid Value For Growth Investors
Aug 09Shopify Q2 Earnings Preview: Don't Ignore The Enterprise Customer Tailwind
Jul 29Shopify: The Market Leader Deserves A Premium
Jul 19Revenues Tell The Story For Shopify Inc. (NYSE:SHOP)
Jul 16We Like These Underlying Return On Capital Trends At Shopify (NYSE:SHOP)
Jun 28Buy Shopify Before The Rebound (Technical Analysis)
Jun 24Shopify: Beyond The Short-Term Noise, A Long-Term Growth Story, Buy
Jun 06Shopify: The Powerhouse Of Next-Generation Commerce
May 20Shopify: Multiple Compression Should Matter In Coming Years
May 06Shopify (NYSE:SHOP) Has A Rock Solid Balance Sheet
May 03Shopify Direct Sales Should Win As Amazon Shifts Toward 'Pay To Play' Model
Apr 29The Price Is Right For Shopify Inc. (NYSE:SHOP)
Apr 02Shopify: Aggressive Expansion Path
Mar 25Is Shopify Inc. (NYSE:SHOP) Expensive For A Reason? A Look At Its Intrinsic Value
Mar 18Shopify: Way Too Cheap For What's Coming
Mar 17Shopify (NYSE:SHOP) Is Looking To Continue Growing Its Returns On Capital
Mar 03Shopify: Disappointing Free Cash Flow Guidance, An Opportunity For Growth Investors
Feb 23Shopify Is Succeeding With Their Merchants
Feb 16Shopify: A Sanity Check Is Overdue (Rating Downgrade)
Feb 07Shopify: Strength Through Partnerships
Feb 01Shopify: It's Just Math, Decade Of Underperformance Ahead
Jan 18The 'New' Shopify Is Here
Jan 09Shopify: 3 Reasons To Buy In 2024
Jan 03What You Can Learn From Shopify Inc.'s (NYSE:SHOP) P/S
Dec 31Shopify Is A Special Company
Dec 11Is Shopify (NYSE:SHOP) Using Debt In A Risky Way?
Dec 10Shopify As An Operating System For E-Commerce
Dec 03Shopify's Q3 Earnings Beat The Odds: Is The Stock Still Overpriced Or Worth Every Penny?
Nov 06Shopify: Financial Discipline Is Taking Hold
Oct 31Shopify: Riding High On Promising Future Growth
Oct 13Shopify: Bull Run Is Likely Over
Sep 27Shopify Will Weather Cyclical Headwinds With 3 Factors Reinforcing Its Strengthening Moat
Sep 12Does Shopify (NYSE:SHOP) Have A Healthy Balance Sheet?
Sep 11Shopify Can Surprise With Better Growth Trajectory
Aug 31Estimating The Intrinsic Value Of Shopify Inc. (NYSE:SHOP)
Aug 21Shopify: Soaring Profits With A 2-Pronged Approach
Aug 19Make No Mistake, Shopify's AI Opportunities Are Massive (Rating Upgrade)
Aug 13Revolutionary Q2 2023 Results Cement Shopify's Ecommerce Dominance
Aug 04Shopify Stock Is A Speculative Buy Before Earnings
Jul 25Shopify: The Rally Went Too Far
Jul 13Shopify: Living On Past Glory
Jul 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$1b |
| Jun 30 2024 | n/a | n/a | US$1b |
| Mar 31 2024 | n/a | n/a | -US$209m |
| Dec 31 2023 | US$20m | US$1 | 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 US market ($USD12.73M).
Compensation vs Earnings: Tobi's compensation has been consistent with company performance over the past year.
CEO
Tobi Lütke (43 yo)
20.2yrs
Tenure
US$20,000,008
Compensation
Mr. Tobias Lütke, also known as Tobi, Co-founded Shopify Inc. in September 2004 and serves as its Chairman and Head of R&D. He is an Independent Director of Coinbase Global, Inc. since February 02, 2022 an...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 20.2yrs | US$20.00m | 6.16% $ 8.3b | |
| President | 4.1yrs | US$7.26m | 0.000010% $ 13.5k | |
| Chief Financial Officer | 2.1yrs | US$1.00m | 0.0044% $ 6.0m | |
| VP of Product & COO | 2.2yrs | US$76.00m | 0.0085% $ 11.4m | |
| General Counsel & Corporate Secretary | 3.8yrs | US$8.85m | 0.0023% $ 3.1m | |
| Director of Investor Relations | no data | no data | no data | |
| Country Head & Director- India | 3.1yrs | 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 |
3.5yrs
Average Tenure
43yo
Average Age
Experienced Management: SHOP's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 20.8yrs | US$20.00m | 6.16% $ 8.3b | |
| Lead Independent Director | 9.9yrs | US$346.15k | 0.018% $ 24.8m | |
| Independent Director | 8yrs | US$315.02k | 0.0054% $ 7.3m | |
| Independent Director | 13.8yrs | no data | 0.056% $ 75.4m | |
| Independent Director | 5.8yrs | US$313.02k | 0.00084% $ 1.1m | |
| Director | 1.8yrs | US$680.16k | 0.024% $ 32.9m | |
| Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | 0.000010% $ 13.5k | |
| Independent Director | 2.9yrs | US$300.04k | 0.0011% $ 1.5m | |
| Independent Director | less than a year | no data | no data |
4.4yrs
Average Tenure
53yo
Average Age
Experienced Board: SHOP's board of directors are considered experienced (4.4 years average tenure).