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    Tim Bixby

    CFO, Treasurer at Lemonade
    Since June 2017
    Age
    60 years
    Education
    Earned a Bachelor of Arts in Mathematics from Dartmouth College and a Master of Business Administration from Harvard Business School.
    Tenure
    Joined LMND as the Chief Financial Officer and Treasurer in June 2017 and has served in this role since then.

    Also at Lemonade

    SW
    Shai Wininger
    Co-Founder, President
    AE
    Adina Eckstein
    COO

    About

    Tim Bixby has built a robust career through leadership roles in multiple industries, demonstrating a deep expertise in financial management and strategic planning. His professional journey includes key roles where he influenced growth and operational excellence, such as serving as CFO, President, and board member at LivePerson, Inc., which set the stage for his later accomplishments.

    Before his current engagement, he provided pivotal financial leadership at Shutterstock, Inc., guiding the company through transformative market changes in the digital content space. In addition, his role at Rent the Runway as a director and chair of the audit committee since February 2021 further illustrates his diverse expertise in corporate governance and strategy.

    His extensive experience, combined with a solid educational background, underscores a career committed to driving financial excellence and strategic innovation. This comprehensive blend of roles and responsibilities highlights a professional journey marked by consistent contributions to business transformation and operational success.

    Past Roles

    Organization Role Date Range Details
    Shutterstock, Inc.Chief Financial Officer2011 - 2015Digital content licensing marketplace
    LivePerson, Inc.Chief Financial Officer, President, and Board Director1999 - 2011Provider of cloud mobile and online business messaging solutions

    External Roles

    Organization Role Date Range Details
    Rent the RunwayDirector and Chair of the Audit CommitteeFebruary 2021 - PresentLeading e-commerce fashion rental and resale business

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$685,000 2024 (annualized)Annualized base salary; actual salary paid in 2024
    Restricted Stock Units12,973 RSUs granted; Grant Date Fair Value: $219,503; Outstanding: 10,541 RSUs with market value $356,896 Granted on March 1, 2024Details include grant date fair value and outstanding RSUs as of December 31, 2024
    Stock Options178,890 options granted; Grant Date Fair Value: $1,930,223; Outstanding: 44,724 exercisable, 134,166 unexercisable at an exercise price $15.90 Granted on June 23, 2024Includes exercise price and breakdown of exercisable and unexercisable options
    Other Compensation$13,800 2024Includes contributions to health benefits and other perquisites
    Severance PaymentsWithout Cause: $539,517; Change in Control: $1,505,325 Contingent on termination eventsWithout Cause: cash severance, equity acceleration (6 months vesting), and healthcare; Change in Control: cash severance, full equity acceleration, and healthcare (12 months)
    Healthcare and Other PerquisitesWithout Cause: $13,736; Change in Control: $27,471 Contingent on termination eventsContinued healthcare and other perquisites in severance scenarios

    Performance Compensation

    Data from  FY 2024

    No information available on performance compensation for 2024