Tony Xu is the CEO and co-founder of DoorDash, a company he has led since its inception in 2013. With a degree in Economics from Stanford University, he has honed his skills in business and leadership, making DoorDash a major...
Tony Xu is the CEO and co-founder of DoorDash, a company he has led since its inception in 2013. With a degree in Economics from Stanford University, he has honed his skills in business and leadership, making DoorDash a major player in the food delivery industry. In 2020, he received a huge performance-based equity grant of over 10 million shares linked to stock price achievements, showing his focus on long-term value for shareholders. Interestingly, Tony's salary is set at $300,000, and he doesn’t take bonuses, which reflects his commitment to align his interests with the company’s performance. There have been notable fluctuations in the value of DoorDash’s stock, with it reaching highs of over $225 billion in market value during its peak and staying around the $1.5 billion to $2 billion range in its growth stages. He controls a significant portion of shares, approximately 15 million Class B shares, enhancing his vested interest in the company's success. He's a determined leader who prioritizes growth and empowers local economies through DoorDash's platform, aiming to create lasting impact for both customers and drivers.