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Tobias Lütke is the CEO of Shopify, a company that changed the way small and medium businesses sell online. He co-founded the company in 2006, and under his leadership, Shopify has grown significantly. Lütke is known for his tech background,...

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Tobias Lütke

Founder and CEO of Shopify

Education

Bachelor's degree in Computer Science

Field of Expertise

Technology & Engineering - Technology

Sector of Economy

Technology

Born

July 16, 1981 - 43 years ago

CEO of Shopify for

21 years 3 months (Jan 2004 - Present)

Previous Experience

Co-founder of Shopify, experience in software development and entrepreneurship

Holdings

See how much did Tobias Lütke make over time.

Tobias Lütke's holdings in Shopify reflect his deep commitment to the company. As its CEO, he has benefited significantly from the company's appreciation in stock price since its initial public offering. At times, Lütke has held substantial shares, which mirrored...

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Insider Trading

See recent insider trades of Tobias Lütke.

No insider trades found for this CEO.

Compensation History

See how much did Tobias Lütke make over time.

Over the years, Tobias Lütke's compensation as CEO has been tied closely to Shopify's performance and growth. His early years saw modest salaries, emphasizing profit reinvestment back into the company. Most of his wealth comes from share performance rather than just a salary, aligning his interests with those of Shopify's shareholders. His current package includes a mix of base salary and performance-based stock options that encourage long-term thinking and sustainability. This structure showcases Lütke's philosophy of tying executive compensation to overall company success rather than simply meeting short-term goals, allowing for a strategic approach to leadership.

Year

2004

Total Compensation

$0.00

Salary

$0.00

Board Justification

The company did not provide any compensation to the CEO in 2004, indicating a possible focus on reinvestment or alternative compensation structures not detailed in the proxy statement.

Bonus

$0.00

Board Justification

No bonus was paid out to the CEO in 2004.

Other

$0.00

Board Justification

No other compensation was paid out to the CEO in 2004.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock vested for the CEO in 2004.

Performance Metrics

No performance metrics were provided for the CEO's compensation in 2004.