Niraj Shah is the Co-Founder and CEO of Wayfair, a major online home goods retailer. He graduated from Cornell University and has been leading Wayfair since its start in 2002. Before Wayfair, he founded Simplify Mobile Corporation and held roles...

Current Market Cap

$4.97B

Number of Employees

14.4K

Total Compensation

2019 - 2023

Trending down by -84.17% last year
Showing total compensation for the last 2019 - 2023

Stock

Down by -100.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Down by -78.37% last year

Year

2023

Total Compensation

$225.17K

Salary

$80.00K

Board Justification

The compensation philosophy emphasizes long-term performance and aligns with stockholder interests, focusing on equity compensation to incentivize executives.

Bonus

$0.00

Board Justification

No cash bonuses were awarded in 2023 as the cash bonus program was eliminated in 2022, and amounts were incorporated into regular base salaries.

Other

$145.17K

Board Justification

This includes employer contributions under the 401(k) Plan and approximately $144,059 for costs related to personal security under the Co-Founders’ overall security program.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards were granted to Niraj Shah in 2023 due to significant existing equity interests in Wayfair.

Performance Metrics

Niraj Shah's compensation is not tied to specific performance metrics, but is influenced by overall company performance and stockholder feedback.

SEC Filing

From March 29, 2024

Niraj Shah

Founder and CEO of Wayfair

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Education

Bachelor's degree from Cornell University

Field of Expertise

Business & Management

Born

January 1, 1978 - 46 years ago

Is Founder?

Yes

Current Tenure

10 years 1 month (Oct 2014 - Present)

Previous Experience

Co-Founder and Co-CEO of Wayfair Inc.

View Holdings

Insider Holdings of Niraj Shah

W

$9.54M

-$7.48M (-43.92%)

Last Insider Trade

W

$528.45K

W at $52.85/share

Jul 8, 2024

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