SHOP - Shopify Inc.

Shopify Inc.

151 O'Connor Street
Ground floor
Ottawa, ON K2P 2L8
Canada

https://www.shopify.com

Sector(s): Technology
Industry: Software—Application
Full-time employees: 11,600

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Tobias Lütke	Founder, Chairman & CEO	1	N/A	1981
Mr. Harley Finkelstein	Pres	664.47k	N/A	1983
Mr. Jeff J. Hoffmeister CPA	Chief Financial Officer	701.3k	N/A	N/A
Mr. Kasra Nejatian	VP of Product & COO	426.49k	N/A	N/A
Ms. Katie Keita	Sr. Director of Investor Relations	N/A	N/A	N/A
Ms. Jessica R. Hertz	Gen. Counsel & Corp. Sec.	550k	N/A	N/A
Ms. Brittany Forsyth	Chief Talent Officer	N/A	N/A	1987
Ms. Bharati Balakrishnan	Country Head & Director- India	N/A	N/A	N/A
Mr. Loren Padelford	GM & VP of Shopify Plus	N/A	N/A	1978
Mr. Arpan Podduturi	Director of Product	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping and fulfillment, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.

Corporate governance

Shopify Inc.’s ISS governance QualityScore as of 1 May 2023 is 9. The pillar scores are Audit: 6; Board: 7; Shareholder rights: 10; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.