Sundar PichaiSundar Pichai earned $164M in 2023

Fidji Simo, born in April 1986, is the CEO of Maplebear Inc., also known as Instacart. She has a Master’s degree in Management from HEC Paris. Before joining Instacart in 2021, she worked at Meta (formerly Facebook) for over a...

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Fidji Simo

CEO of Maplebear Inc.

Education

Masters of Management from HEC Paris

Field of Expertise

Technology & Engineering - Technology

Sector of Economy

Consumer Cyclical

Born

April 5, 1986 - 39 years ago

CEO of Maplebear Inc. for

3 years 8 months (Aug 2021 - Present)

Previous Experience

Head of the Facebook App at Meta Platforms, Inc.

Rivals

Competitors/colleagues of Fidji Simo

Holdings

See how much did Fidji Simo make over time.

Fidji Simo holds significant shares in Maplebear Inc., reflecting her confidence in the company's potential. Her insider trading records show fluctuations in her holdings, starting at approximately $29 million in September 2023, peaking at nearly $70 million in May 2024....

Total Stock Sold

$8.18M

CART

$8.18M

224,500 CART shares

What if they kept their stock?

If Fidji Simo didn't sell their stock, today they would have:
Extra CART224,500 shares worth $7.57M.
This is -7.46% and $610.13K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Fidji Simo.

CART

$1.16M

CART at $35.27/share

Aug 28, 2024

Sale

CART

$293.51K

CART at $34.53/share

Jul 29, 2024

Sale

CART

$863.73K

CART at $35.25/share

Jul 15, 2024

Sale

CART

$280.85K

CART at $33.04/share

Jun 26, 2024

Sale

CART

$84.53K

CART at $33.81/share

Jun 12, 2024

Sale

CART

$190.94K

CART at $31.82/share

May 29, 2024

Sale

CART

$726.47K

CART at $35.01/share

Apr 29, 2024

Sale

CART

1,257,686 shares

CART

Apr 17, 2024

Received

CART

$789.83K

CART at $38.06/share

Mar 26, 2024

Sale

CART

$3.81M

CART at $38.08/share

Mar 20, 2024

Sale

Compensation History

See how much did Fidji Simo make over time.

In 2023, Fidji Simo received a total compensation package valued at approximately $5.27 million. This includes a base salary of $500,000, a discretionary bonus of $450,000 tied to company performance, and a substantial amount from her stock awards, which were valued at about $4.7 million. Simo's compensation structure emphasizes long-term growth, rewarding her with stock units that vest over time, aligning her goals with the company’s success. This approach aims to motivate her to drive the company forward, reflecting a compensation philosophy focused on performance and shareholder interests. Despite not having a formal cash bonus structure, her compensation package is designed to encourage sustained performance, showing that she is in it for the long haul. Her earnings strategy has been tailored to ensure that her interests align with those of Instacart’s stakeholders, reflecting a solid approach to executive compensation in the tech industry.

Year

2023

Total Compensation

$5.71M

Salary

$500.00K

Board Justification

The compensation philosophy focuses on aligning executive compensation with long-term company performance and stockholder interests, using a mix of cash and equity incentives.

Bonus

$450.00K

Board Justification

The bonus consists of a discretionary cash bonus related to fiscal year 2022 performance, paid in 2023, subject to continued service.

Other

$61.07K

Board Justification

Other compensation includes personal security expenses, 401(k) matching contributions, company-paid life insurance premiums, and charitable matching contributions.

Restricted Stock

$4.70M(300.38K RSU)

Board Justification

The refresh RSU awards granted in May 2023 vest over four quarters, with portions vesting on specified dates, subject to continued service.

Performance Metrics

The performance metrics for determining compensation include company financial performance, individual performance, and alignment with stockholder interests.