Archie Black, born on July 13, 1964, served as the CEO of SPS Commerce, Inc. from February 2013 until October 2023. With a Bachelor’s degree in Business Administration from the University of Minnesota, he’s been influential in the technology sector....

Archie Black, born on July 13, 1964, served as the CEO of SPS Commerce, Inc. from February 2013 until October 2023. With a Bachelor’s degree in Business Administration from the University of Minnesota, he’s been influential in the technology sector. In his last year as CEO, Black's total compensation was approximately $911,092, mainly driven by a significant performance bonus stemming from the company's strong revenue and EBITDA results. In 2023, Black also held vested stock valued at about $5 million, showing he had substantial skin in the game. Notably, his insider trading activity peaked in 2021, with his holdings reaching around $11.68 million. Black transitioned to the role of Executive Chair at SPS Commerce after stepping down as CEO. He announced he would not seek re-election to the board in May 2024, marking the end of his executive journey at the company. This shift reflects a common progression in corporate leadership, where experience guides future strategic decisions, even from a less hands-on role. His leadership style emphasized performance and alignment with shareholder interests, which shaped the company's financial strategies during his tenure. Black’s exit signifies a moment of change for both him and SPS Commerce as a new era begins.