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Daniel Schreiber is the CEO and co-founder of Lemonade, Inc., a company that's shaking up the insurance industry with its innovative approach. Born in 1981 and holding a Bachelor's degree in Business Administration, he brings solid business know-how to his...

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Daniel Schreiber

Founder and CEO of Lemonade

Education

Bachelor of Laws from King’s College London

Field of Expertise

Technology & Engineering - Technology

Sector of Economy

Financial Services

Born

January 1, 1972 - 53 years ago

CEO of Lemonade for

1 year 3 months (Jan 2024 - Present)

Previous Experience

President at Powermat Technologies Ltd.

Holdings

See how much did Daniel Schreiber make over time.

Daniel Schreiber's stock holdings have seen dramatic ups and downs. He climbed to a peak net worth of $2.23 billion in January 2021, thanks to the flourishing value of Lemonade, where he holds a controlling interest through a joint investment...

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Total Stock Sold

$81.84M

LMND

$81.84M

800,000 LMND shares

What if they kept their stock?

If Daniel Schreiber didn't sell their stock, today they would have:
Extra LMND800,000 shares worth $55.53M.
This is -32.15% and $26.31M less than what they got when they sold the stock.

Charitable Transactions

LMND

36,000 shares

LMND

Recent Charitable Transactions

LMND

36,000 shares

LMND

Dec 8, 2020

Charity

Insider Trading

See recent insider trades of Daniel Schreiber.

LMND

9,327 shares

LMND

Feb 2, 2024

Received

LMND

$47.83M

LMND at $159.43/share

Jan 19, 2021

Sale

LMND

$20.23M

LMND at $92.47/share

Dec 8, 2020

Sale

LMND

36,000 shares

LMND

Dec 8, 2020

Charity

LMND

$12.25M

LMND at $72.60/share

Dec 1, 2020

Sale

LMND

$2.24M

LMND at $64.54/share

Nov 17, 2020

Sale

LMND

$4.50M

LMND at $57.78/share

Nov 12, 2020

Sale

Compensation History

See how much did Daniel Schreiber make over time.

For 2022, Daniel Schreiber earned a total compensation package of $8.03 million. His salary was $375,225, but the bulk of his pay came from stock options valued at over $7.5 million. This structure encourages executives to work hard for the company's growth, as their compensation is tied directly to stock performance. Notably, Lemonade does not offer cash bonuses, focusing instead on aligning their executive compensation with long-term corporate performance through equity rewards. Schreiber’s compensation reflects the company’s philosophy of motivating its leadership by connecting their interests with those of its shareholders, which is critical in a growth-driven startup environment.

Year

2022

Total Compensation

$494.60K

Salary

$375.23K

Board Justification

The compensation philosophy is designed to attract, motivate, and retain talented executives while aligning their interests with those of the shareholders through equity compensation.

Bonus

$0.00

Board Justification

No annual cash incentive compensation provided to NEOs in 2022.

Other

$119.38K

Board Justification

Includes contributions to pension plans, car allowance, and other benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2022 as the focus was on stock options which are not included in this calculation.

Performance Metrics

Compensation is aligned with corporate performance, focusing on long-term value creation.

Other Lemonade CEOs

Here are other CEOs of Lemonade