Sundar PichaiSundar Pichai earned $164M in 2023

Libor Michalek is the President of Affirm Holdings, Inc., a company known for its innovative approach to digital finance. Born on May 20, 1977, Libor holds a B.S. in Computer Science from the University of Illinois at Urbana-Champaign. He has...

Quick Links
A

Libor Michalek

CEO of Affirm Holdings, Inc.

Education

B.S. in Computer Science from University of Illinois at Urbana-Champaign

Field of Expertise

Technology & Engineering - Technology

Sector of Economy

Technology

Born

May 20, 1977 - 47 years ago

CEO of Affirm Holdings, Inc. for

2 years 3 months (Dec 2022 - Present)

Previous Experience

President, Technology, Risk and Operations at Affirm; Engineering Director at YouTube and Google; Chief Technology Officer at Slide

Holdings

See how much did Libor Michalek make over time.

Libor's holdings in Affirm have seen significant highs and lows. At its peak in October 2021, his holdings were valued at approximately $152.5 million. Since then, the value of his stock has fluctuated, dropping to around $16 million by December...

Total Stock Sold

$98.41M

AFRM

$98.41M

1,098,077 AFRM shares

What if they kept their stock?

If Libor Michalek didn't sell their stock, today they would have:
Extra AFRM1,098,077 shares worth $106.78M.
This is 8.5% and $8.37M more than what they got when they sold the stock.

Charitable Transactions

AFRM

10,290 shares

AFRM

Recent Charitable Transactions

AFRM

4,000 shares

AFRM

Nov 18, 2024

Charity

AFRM

1,180 shares

AFRM

Apr 11, 2024

Charity

AFRM

2,210 shares

AFRM

Apr 1, 2023

Charity

AFRM

2,250 shares

AFRM

Jun 8, 2022

Charity

AFRM

300 shares

AFRM

Jan 1, 2022

Charity

AFRM

350 shares

AFRM

Nov 1, 2021

Charity

Insider Trading

See recent insider trades of Libor Michalek.

AFRM

$6.72M

AFRM at $72.00/share

Dec 4, 2024

Sale

AFRM

$673.18K

AFRM at $71.04/share

Nov 29, 2024

Sale

AFRM

$13.68M

AFRM at $69.37/share

Nov 22, 2024

Sale

AFRM

$12.22M

AFRM at $64.70/share

Nov 20, 2024

Sale

AFRM

$7.00M

AFRM at $63.00/share

Nov 18, 2024

Sale

AFRM

4,000 shares

AFRM

Nov 18, 2024

Charity

AFRM

1,180 shares

AFRM

Apr 11, 2024

Charity

AFRM

2,210 shares

AFRM

Apr 1, 2023

Charity

AFRM

2,250 shares

AFRM

Jun 8, 2022

Charity

AFRM

300 shares

AFRM

Jan 1, 2022

Charity

Compensation History

See how much did Libor Michalek make over time.

In 2022, Libor earned a total compensation of $409,807, primarily from a salary of $35,340 and significant other benefits valued around $374,467, which include personal security services. Interestingly, he does not participate in cash bonuses or stock grants, focusing instead on performance-based incentives linked to long-term company success. This approach aligns with Affirm’s compensation philosophy, emphasizing long-term equity performance rather than immediate payouts. It’s a strategy that reflects a commitment to the company's vision and its stakeholders. His compensation is designed to ensure that his interests are aligned with those of shareholders, which is crucial in a competitive industry like fintech.

Year

2022

Total Compensation

$409.81K

Salary

$35.34K

Board Justification

The company emphasizes a performance-based compensation structure for the CEO, focusing on long-term equity awards tied to company performance rather than cash bonuses.

Bonus

$0.00

Board Justification

The CEO does not participate in the annual cash incentive plan, thus no bonus was awarded for fiscal 2023.

Other

$374.47K

Board Justification

The other compensation includes personal security services and other benefits provided to the CEO.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested for the CEO in 2022, as the focus is on performance-based equity awards that have not yet vested.

Performance Metrics

The performance metrics for determining compensation are based on long-term stock performance and achievement of specific financial targets.

Other Affirm Holdings, Inc. CEOs

Here are other CEOs of Affirm Holdings, Inc.