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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