In 2023, Niraj Shah earned $225.17K in total compensation at Wayfair, primarily from $80.00K salary. Most recently sold 30,000 shares in Dec 2024. Currently holds stock worth $81.56M. Has donated $186.47M in stock to charitable causes. Has led Wayfair for over 11 years.
Compensation History
Annual executive compensation data for Niraj Shah, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$225.17K
Salary
$80.00K
Bonus
$0.00
Other
$145.17K
Salary
$80.00KBoard Justification
The compensation philosophy emphasizes long-term performance and aligns with stockholder interests, focusing on equity compensation to incentivize executives.
Bonus
$0.00Board Justification
No cash bonuses were awarded in 2023 as the cash bonus program was eliminated in 2022, and amounts were incorporated into regular base salaries.
Other Compensation
$145.17KBoard Justification
This includes employer contributions under the 401(k) Plan and approximately $144,059 for costs related to personal security under the Co-Founders’ overall security program.
Restricted Stock
Board Justification
No stock awards were granted to Niraj Shah in 2023 due to significant existing equity interests in Wayfair.
Performance Metrics
Niraj Shah's compensation is not tied to specific performance metrics, but is influenced by overall company performance and stockholder feedback.
Niraj Shah
Founder and CEO of Wayfair
Education
Bachelor's degree from Cornell University
Field of Expertise
Business & Management
Sector of Economy
Consumer Cyclical
Born
January 1, 1978 - 47 years ago
CEO of Wayfair for
11 years 2 months (Oct 2014 - Present)
Previous Experience
Co-Founder and Co-CEO of Wayfair Inc.
Other Wayfair CEOs
Holdings
Track Niraj Shah's stock holdings and portfolio value over time.
Total Stock Sold
$264.77M
$264.77M
3,159,983 W shares
What if they kept their stock?
If Niraj Shah didn't sell their stock, today they would have:
Extra W3,159,983 shares worth $298.65M.
This is 12.8% and $33.88M more than what they got when they sold the stock.
Charitable Transactions
1,973,000 shares
W
Recent Charitable Transactions
16,500 shares
W
Nov 26, 2024
Charity
115,000 shares
W
Nov 19, 2021
Charity
115,000 shares
W
Nov 19, 2021
Charity
36,000 shares
W
Nov 12, 2020
Charity
210,000 shares
W
Nov 12, 2019
Charity
63,000 shares
W
Aug 7, 2019
Charity
Insider Trading
Niraj Shah's recent stock transactions, purchases, and sales filed with the SEC.
$1.36M
W at $45.44/share
Dec 20, 2024
Sale
$1.60M
W at $53.38/share
Dec 6, 2024
Sale
16,500 shares
W
Nov 26, 2024
Charity
$1.28M
W at $42.55/share
Nov 20, 2024
Sale
$528.45K
W at $52.85/share
Jul 8, 2024
Sale
$569.70K
W at $56.97/share
Jun 7, 2024
Sale
$682.70K
W at $68.27/share
May 7, 2024
Sale
$645.23K
W at $64.52/share
Apr 8, 2024
Sale
$600.35K
W at $60.04/share
Mar 7, 2024
Sale
$521.65K
W at $52.17/share
Feb 8, 2024
Sale
Rivals
Compare Niraj Shah with competitor CEOs and industry peers.