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Sumit Singh

Chief Executive Officer at Chewy
Board
Since March 2018
Age
45 years
Education
Earned a Bachelor of Technology from Punjab Technical University, a Master of Science in Engineering from the University of Texas at Austin, and an MBA from the University of Chicago, Booth School of Business.
Tenure
Joined CHWY in September 2017 as Chief Operating Officer, was promoted to Chief Executive Officer in March 2018, and became a board director in April 2019.

Also at Chewy

DR
David Reeder
Chief Financial Officer (CFO)
SM
Satish Mehta
Chief Technology Officer
WB
William Billings
Chief Accounting Officer (CAO) and Principal Accounting Officer (PAO)

About

Sumit Singh is a seasoned executive currently serving as the Chief Executive Officer at CHWY, with a career highlighted by progressive leadership roles. He is 45 years old as of fiscal year 2025 and earned his degrees from reputable institutions, including a Bachelor of Technology, a Master of Science in Engineering, and an MBA.

He began his tenure at CHWY in 09-2017 as Chief Operating Officer and was promoted to the CEO position in 03-2018, subsequently joining the board in April 2019. His leadership at CHWY is marked by strategic operational improvements and a focus on customer-centric growth.

Prior to his current role at CHWY, he held senior positions at major companies including Amazon and Dell Technologies, demonstrating substantial expertise in managing large-scale operations. Additionally, he contributes to the broader business community through his board membership at Booking Holdings Inc. since 2022 and serves on its compensation committee since June 2023.

$CHWY Performance Under Sumit Singh

Past Roles

OrganizationRoleDate RangeDetails
Chewy Chief Operating Officer September 2017 - March 2018 Held before promotion to CEO
Amazon Worldwide Director, Consumables Businesses 2015 - 2017 Oversaw fresh and pantry categories
Amazon General Manager, North American Merchant Fulfillment & Third-Party Businesses 2013 - 2015 Managed merchant fulfillment operations
Dell Technologies, Inc. Senior Management Positions N/A Held senior roles prior to joining Chewy

External Roles

OrganizationRoleDate RangeDetails
Booking Holdings Inc. Board of Directors Since April 2022 (joined compensation committee in June 2023) Compensation Committee Membership
University of Texas Engineering Advisory Board Member Current Advisory role leveraging engineering background

Fixed Compensation

Data from  FY 2023
Component NameAmountPayment ScheduleAdditional Details
Base Salary$1,200,000 Earned during FY 2023Actual salary earned during FY 2023
Service RSUs$20,711,270 Granted on January 18, 2024Grant Date Fair Value for 1,074,236 shares
All Other Compensation$579,837 As accrued in FY 2023Includes 401(k) matching $4,089, Security-related services $545,344, Automobiles $30,404

Performance Compensation

Data from  FY 2023

Performance RSUs

MetricWeightingTarget / Payout RangeDetails
Net Sales50% 100% Target; Earns between 0% - 200% of targetThreshold Payment set at 50% of target
Adjusted EBITDA Margin30% 100% Target; Earns between 0% - 200% of target
Free Cash Flow20% 100% Target; Earns between 0% - 200% of target
  • Grant Date: January 18, 2024
  • Grant Amount: 268,078 Performance RSUs
  • Grant Date Fair Value: $5,168,544
  • Vesting Date: February 1, 2026, contingent on performance conditions and continued employment

Non-Equity Incentive Plan Compensation

MetricWeightingAchievement (% of Target)Payment Parameters
Net Sales Growth50% 62% achieved (31% weighted)-
Adjusted EBITDA Margin50% 200% achieved (100% weighted)-
Total100%131% overall-
  • Threshold: $450,000; Target: $1,800,000; Maximum: $3,600,000
  • Grant Date: January 18, 2024
  • Grant Date Fair Value (Equity Awards): $31,048,358
  • Grant Date Stock Price: $19.38 on January 26, 2024
  • The Non-Equity Incentive Plan is a cash-based incentive tied to annual performance and does not have its own vesting schedule.