Aman Bhutani
Also at GoDaddy Inc
About
A seasoned executive, 48-year-old professional has built a robust career in technology and leadership, driving innovation and integrating emerging technologies in dynamic, consumer-facing environments. His journey at GDDY began in September 2019 when he assumed the role of Chief Executive Officer, taking on the responsibility of steering the company’s global operations and strategic growth.
Prior to joining GDDY, he played pivotal roles at prominent organizations, including serving as President at Brand Expedia Group and holding senior positions in engineering at Expedia Group, Inc., along with distinguished tenures at JPMorgan Chase & Co. and Washington Mutual Inc. His career also includes a significant board membership at The New York Times Company since September 2018, highlighting his broad impact across industries.
His professional narrative emphasizes over 20 years of leadership and expertise in driving innovation and enhancing customer experiences. Combining his extensive background in digital transformation with his strategic vision, he continues to advance GDDY’s mission and maintain its competitive edge in a rapidly evolving digital landscape.
$GDDY Performance Under Aman Bhutani
Past Roles
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Expedia Group, Inc. | President of the Brand Expedia Group | June 2015 - September 2019 | Led brand strategy until his transition to GDDY |
| Expedia Group, Inc. | Vice President / Senior Vice President, Expedia Worldwide Engineering | May 2010 - June 2015 | Progressed through leadership roles in engineering |
| JPMorgan Chase and Co. | Technology Senior Director | September 2008 - May 2010 | Drove technology initiatives |
| Washington Mutual Inc. | Senior Vice President of E-commerce Technology | 2002 - September 2008 | Held senior leadership role prior to its acquisition |
External Roles
| Organization | Role | Date Range |
|---|---|---|
| The New York Times Company | Director (Board Member) | September 2018 - Present |
Fixed Compensation
| Component Name | Amount | Payment Schedule | Additional Details |
|---|---|---|---|
| Base Salary | $1,000,000 | Annual | Fixed base salary for 2023 |
| 401(k) Matching Contributions | $7,500 | Annual | Specified matching contribution for 2023 |
| Group Term Life Insurance | $218 | Annual | Benefit amount for 2023 |
| Security and Cybersecurity Protection | $18,040 | Annual | Specified protection benefit for 2023 |
Performance Compensation
STIP (Short-Term Incentive Plan)
| Metric/Component | Weight | Target/Threshold/Max | Actual Results / Details |
|---|---|---|---|
| Corporate Performance Goals | 80% | Bookings (25%), Revenue (25%), NEBITDA (25%), uFCF (25%); Threshold at 50% of goals; Max at 180% of target | Aggregate performance achieved: 103% |
| Individual Performance Goals | 20% | Qualitative measures tied to strategic objectives; Target = 100% | Achieved at 100% based on metrics including launch of GoDaddy AiroTM and employee satisfaction |
| Payout Details | N/A | Target payout: $1,000,000 (100% of base salary); Maximum payout: $1,800,000 (180% of target) | Payout determined after performance period ending on December 31, 2023 and paid in 2024 |
LTIP (Long-Term Incentive Plan)
| Award Type | Grant Date | Target Units | Grant Date Fair Value | Vesting Schedule | Performance Metric | Performance Period |
|---|---|---|---|---|---|---|
| PSUs | 2/24/2023 | 65,288 | $6,966,882 | Vestes on 3/1/2026 | rTSR | 1/1/2023 - 12/31/2025 |
| RSUs | 2/24/2023 | 65,288 | $4,935,773 | 25% cliff vesting on 3/1/2024 with remaining quarterly vesting | N/A | N/A |
CEO 2019 Legacy PSUs
| Detail | Value/Information |
|---|---|
| Performance Metrics | Bookings, Revenue, NEBITDA, uFCF (each weighted at 25%) |
| Achievement Percentage | 103% achieved on corporate goals, capped at 100% for Legacy PSUs |
| Vesting Date | February 29, 2024 |
| Grant Date | April 4, 2023 |
| Grant Date Fair Value | $1,924,803 |
| Shares Vested | 24,923 shares |
| Value Realized on Vesting | $2,844,960 |