Wayfair Chief Commercial Officer Stephen Oblak's 2021 pay jumps 5,024% to $13M
Wayfair reports 2021 executive compensation
By ExecPay News
Published: August 29, 2022
Wayfair reported fiscal year 2021 executive compensation information on August 29, 2022.
In 2021, seven Wayfair executives received on average a compensation package of $4.9M, a 95% increase compared to previous year.
Average pay of disclosed executives at Wayfair
Stephen Oblak, Chief Commercial Officer, received $13M in total, which increased by 5,024% compared to 2020. 98% of Oblak's compensation, or $13M, was in stock awards. Oblak also received $50K in bonus, $200K in salary, as well as $7.9K in other compensation.
For fiscal year 2021, the median employee pay was $42,886 at Wayfair. Therefore, the ratio of Stephen Oblak's pay to the median employee pay was 308 to one.
Edmond Macri, Former Chief Product & Marketing Officer, received a compensation package of $13M, which increased by 4987% compared to previous year. 98% of the compensation package, or $13M, was in stock awards.
Thomas Netzer, Chief Operating Officer, earned $6.8M in 2021, a 221% increase compared to previous year.
Michael Fleisher, Chief Financial Officer, received $260K in 2021, which is about the same as previous year.
James Miller, Chief Technology Officer, earned $258K in 2021, a 98% decrease compared to previous year.
Niraj Shah, Chief Executive Officer, received $227K in 2021, which increases by 173% compared to 2020.
Steven Conine, Co-Founder, earned $153K in 2021, a 84% increase compared to previous year.
Related executives
Edmond Macri
Wayfair
Former Chief Product & Marketing Officer
James Miller
Wayfair
Chief Technology Officer
Thomas Netzer
Wayfair
Chief Operating Officer
Stephen Oblak
Wayfair
Chief Commercial Officer
Niraj Shah
Wayfair
Chief Executive Officer
Steven Conine
Wayfair
Co-Founder
Michael Fleisher
Wayfair
Chief Financial Officer
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Source: SEC filing on August 29, 2022.