V
Velarion™Intelligence
Sign InFree TrialBook a Walkthrough

Wayfair Executive Compensation (FY25)

W · Executive and director compensation, fiscal 2022 to 2025

The paid brief on Wayfair

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Data as of September 7, 2026Latest filing (8-K): May 22, 2026
7 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Wayfair brief$1,500Get the executive brief
160 figures on this page: 157 cited to the filing that reported them, 3 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Niraj Shah
Latest say-on-pay support
=
May 21, 2026
Chief executive pay ratio
◇
To the median employee

More on Wayfair

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Niraj Shah: $283,145 → $280,847,068
CEO pay ratio: 6:1 → 5,702:1

Frequently asked questions

Answers drawn from the data on this page.
Who is Wayfair's chief executive and what were they paid?
Niraj Shah was paid $280,847,068 in total compensation as Co-Founder, Chief Executive Officer and President, Director (Co-Chairman) for fiscal 2025. Shah's total was up from the $283,145 reported for fiscal 2024.
What was Wayfair's say-on-pay result?
Shareholders recorded 80.3% support for the say-on-pay proposal at the meeting held May 21, 2026 for fiscal 2025.
What is Wayfair's chief executive pay ratio?
The company reported a chief executive pay ratio of 5,702:1 for fiscal 2025, against median employee compensation of $49,254.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Steven Oblak
Chief Merchandising Officer
◇◇◇———◇◇
Michael Fleisher
Chief Financial Officer
◇◇————◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Kate Gulliver
Chief Financial Officer and Chief Administrative Officer
◇—◇———◇◇
Thomas Netzer
Chief Operating Officer
◇—◇———◇◇
Fiona Tan
Chief Technology Officer
◇—◇———◇◇
Stephen Oblak
Former Chief Commercial Officer
Departed during or after this year
◇—◇———◇◇
Jon Blotner
President, Commercial and Operations
◇—◇———◇◇
Niraj Shah
Co-Founder, Chief Executive Officer and President, Director (Co-Chairman)
◇—————◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Fiona Tan
Chief Technology Officer
◇—◇———◇◇
Thomas Netzer
Former Chief Operating Officer
Departed during or after this year
◇—◇———◇◇
Kate Gulliver
Chief Financial Officer and Chief Administrative Officer
◇—◇———◇◇
Jon Blotner
President, Commercial and Operations
◇—◇———◇◇
Niraj Shah
Co-Founder, Chief Executive Officer and President, Director (Co-Chairman)
◇—————◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Niraj Shah
Co-Founder, Chief Executive Officer and President, Director (Co-Chairman)
◇—◇———◇◇
Fiona Tan
Chief Technology Officer
◇—◇———◇◇
Jon Blotner
President, Commercial and Operations
◇—◇———◇◇
Kate Gulliver
Chief Financial Officer and Chief Administrative Officer
◇—◇———◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Fiona TanRSU◇——◇——◇
Fiona TanRSU◇——◇——◇
Fiona TanRSU◇——◇——◇
Fiona TanRSU◇——◇——◇
Jon BlotnerRSU◇——◇——◇
Jon BlotnerRSU◇——◇——◇
Jon BlotnerRSU◇——◇——◇
Jon BlotnerRSU◇——◇——◇
Kate GulliverRSU◇——◇——◇
Kate GulliverRSU◇——◇——◇
Kate GulliverRSU◇——◇——◇
Kate GulliverRSU◇——◇——◇
Niraj ShahRSU◇——◇——◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Niraj ShahRSU◇◇——
Fiona TanRSU◇◇——
RSU◇◇——
Kate GulliverRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Jon BlotnerRSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Niraj Shah
Co-Founder, Chief Executive Officer and President, Director (Co-Chairman) · Terms as described in the company’s compensation discussion · citing a 2026 filing
Benefits continuation on change in control◇
Benefits continuation◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Michael E. Sneed
—◇————◇
Harry A. Lawton III
—◇————◇
Jeremy King
—◇————◇
Andrea Jung
—◇————◇
Diana Frost
—◇————◇
Michael Kumin
Lead independent director
—◇————◇
Jeffrey Naylor
—◇————◇
Anke Schäferkordt, Niraj Shah and Steven Conine served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 21, 2026=◇◇◇
2022April 25, 2023=◇◇◇
2019May 12, 2020=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
Email me this page as a cited PDF
The same figures, the same citations, formatted to hand to a committee. Nothing is added that is not on this page.
Your address is used for this and nothing else. Unsubscribe in one click.
Tell me when Wayfair files
You get a note when this company’s compensation data changes.
Your address is used for this and nothing else. Unsubscribe in one click.

What this page does not include

Everything above is a fact Wayfair disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about access
Multiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion Intelligence
Join the list for a Velarion Pro seat
Full platform access for one person: every industry we cover, peer positioning, and the written analysis. We will email you when it opens.
Your address is used for this and nothing else. Unsubscribe in one click.
Join the list for Peer Group Review
Whether Wayfair's disclosed peer group is defensible, who names Wayfair back in their own benchmarking group, and how pay tracks performance across it. This is the analysis a compensation consultant delivers on the group above. We will email you when it opens.
Your address is used for this and nothing else. Unsubscribe in one click.

Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
160 figures on this page: 157 cited to the filing that reported them, 3 calculated from figures it prints.
157 cited to the filing
3 calculated from the filing

Documents cited

  1. 0001616707-26-000122
  2. 0001616707-26-000074
    CEO Pay Ratio · Compensation Discussion and Analysis · Director Compensation · Grants of Plan-Based Awards in 2025 · and 3 more sections
  3. 0001616707-25-000037
    Summary Compensation Table
  4. 0001616707-24-000021
    Summary Compensation Table
  5. 0001616707-23-000071
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001616707-23-000059
    Summary Compensation
  7. 0001616707-20-000090
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Wayfair executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/W (accessed 2026).
Short form: data: Velarion

The paid brief for Wayfair

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
7 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Embed this data
A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.
The headline figures, each with its citation.
Connect an AI assistant
Ask your own assistant about Wayfair and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.
Setup guide and the full list of questions it answers

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  All companies · The Pay Desk · Methodology · Terms · Privacy