Wayfair CFO Michael Fleisher's 2018 pay jumps 9,331% to $24M
Wayfair reports 2018 executive compensation
By ExecPay News
Published: April 2, 2019
Wayfair reported fiscal year 2018 executive compensation information on April 2, 2019.
In 2018, seven Wayfair executives received on average a compensation package of $6.7M, a 398% increase compared to previous year.
Average pay of disclosed executives at Wayfair
Michael Fleisher, Chief Financial Officer, received $24M in total, which increased by 9,331% compared to 2017. 99% of Fleisher's compensation, or $23M, was in stock awards. Fleisher also received $50K in bonus, $200K in salary, as well as $10K in other compensation.
For fiscal year 2018, the median employee pay was $42,694 at Wayfair. Therefore, the ratio of Michael Fleisher's pay to the median employee pay was 554 to one.
James Savarese, Chief Operating Officer, received a compensation package of $7.1M, which increased by 213% compared to previous year. 96% of the compensation package, or $6.8M, was in stock awards.
Edmond Macri, Chief Product & Marketing Officer, earned $5.4M in 2018, a 138% increase compared to previous year.
John Mulliken, Chief Technology Officer, received $5.4M in 2018, which increases by 138% compared to 2017.
Stephen Oblak, Chief Merchandising Officer, earned $5.4M in 2018, a 138% increase compared to previous year.
Niraj Shah, Chief Executive Officer, received $83K in 2018, which is about the same as previous year.
Steven Conine, Co-Founder, earned $83K in 2018, which is about the same as previous year.
Related executives
Niraj Shah
Wayfair
Chief Executive Officer
Steven Conine
Wayfair
Co-Founder
Michael Fleisher
Wayfair
Chief Financial Officer
Edmond Macri
Wayfair
Former Chief Product & Marketing Officer
John Mulliken
Wayfair
Chief Technology Officer
Stephen Oblak
Wayfair
Chief Commercial Officer
James Savarese
Wayfair
Chief Operating Officer
You may also like
Source: SEC filing on April 2, 2019.