Wayfair CTO James Miller's 2020 pay jumps 2,498% to $14M
Wayfair reports 2020 executive compensation
By ExecPay News
Published: March 30, 2021
Wayfair reported fiscal year 2020 executive compensation information on March 30, 2021.
In 2020, seven Wayfair executives received on average a compensation package of $2.5M, a 182% increase compared to previous year.
Average pay of disclosed executives at Wayfair
James Miller, Chief Technology Officer, received $14M in total, which increased by 447% compared to 2019. 98% of Miller's compensation, or $14M, was in stock awards. Miller also received $50K in bonus, $193K in salary, as well as $7.2K in other compensation.
For fiscal year 2020, the median employee pay was $41,297 at Wayfair. Therefore, the ratio of James Miller's pay to the median employee pay was 350 to one.
Thomas Netzer, Chief Operating Officer, received a compensation package of $2.1M, which decreased by 19% compared to previous year. 88% of the compensation package, or $1.9M, was in stock awards.
Michael Fleisher, Chief Financial Officer, earned $260K in 2020, which is about the same as previous year.
Edmond Macri, Former Chief Product & Marketing Officer, received $259K in 2020, which is about the same as previous year.
Stephen Oblak, Chief Commercial Officer, earned $258K in 2020, which is about the same as previous year.
Niraj Shah, Chief Executive Officer, received $83K in 2020, which is about the same as previous year.
Steven Conine, Co-Founder, earned $83K in 2020, which is about the same as previous year.
Related executives
Niraj Shah
Wayfair
Chief Executive Officer
Steven Conine
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Co-Founder
Michael Fleisher
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Chief Financial Officer
Edmond Macri
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Former Chief Product & Marketing Officer
James Miller
Wayfair
Chief Technology Officer
Thomas Netzer
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Chief Operating Officer
Stephen Oblak
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Chief Commercial Officer
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Source: SEC filing on March 30, 2021.