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Vivek Shah

Chief Executive Officer at ZIFF DAVIS
Board
Since January 1, 2018
Age
51 years
Education
Holds a Bachelor of Arts degree in political science from Tufts University.
Tenure
Joined ZD on January 1, 2018 as Chief Executive Officer and Board Member, leading key strategic initiatives and acquisitions.

Also at ZIFF DAVIS

JDR
Jeremy D. Rossen
Executive Vice President, General Counsel, and Secretary
BR
Bret Richter
Chief Financial Officer (CFO)
LT
Lori Tansley
Chief Accounting Officer (CAO)

About

Born in 1973 and currently 51 years old , this executive has built a strong foundation in media and technology. He earned a Bachelor of Arts degree in political science from Tufts University , which laid the groundwork for his career.

Beginning his professional journey with significant roles at Time Inc., he honed his leadership and digital media expertise. Later, he joined ZD on January 1, 2018 as Chief Executive Officer and a Board Member, playing a crucial role in strategic acquisitions and portfolio expansion.

Beyond his primary role, he contributes to various boards and advisory roles, enhancing corporate governance and strategic initiatives across diverse sectors.

$ZD Performance Under Vivek Shah

Past Roles

OrganizationRoleDate RangeDetails
TheStreet Director 2010 - 2014 N/A
Time Inc. Group President, Digital 2008 - 2009 N/A
Time Inc. President, Fortune/Money Group 2007 - 2008 N/A
Time Inc. President, Digital Publishing, Business & Finance 2005 - 2007 N/A
Time Inc. General Manager, Fortune/Money Group 2001 - 2005 N/A
Time Inc. Vice President, New Business Ventures, Fortune/Money Group 1999 - 2000 N/A
Time Inc. Founder & General Manager, Fortune Americas 1997 - 1998 N/A

External Roles

OrganizationRoleDate RangeDetails
Fletcher School of Law and Diplomacy Board of Advisors Member 2023 - Present N/A
Group Black Director 2022 - Present N/A
LiveOnNY Director 2022 - Present N/A
Tufts University Board of Trustees Member 2021 - Present N/A
Craig Newmark Graduate School of Journalism CUNY Foundation Director 2019 - Present N/A
StreetSquash Director 2018 - Present N/A

Fixed Compensation

Data from  FY 2024
Component NameAmountPayment ScheduleAdditional Details
Salary$1,000,000AnnualFixed annual base salary
Time-Based RSUs$4,750,018Three equal installments annually starting March 6, 202571,023 RSUs granted on March 6, 2024 that vest over three years
Option AwardsNoneN/ANo option awards granted in 2024
All Other Compensation$32,312Paid with regular compensation cycleIncludes insurance premiums and retirement contributions

Performance Compensation

Data from  FY 2024

Non-Equity Incentive Bonus

MetricDetail
Target Bonus ($)$1,000,000
Performance MetricAdjusted Net Income Achievement
ThresholdBelow 85% (i.e., <$264,235,128) results in no bonus
Payout Scale0% at 85%, 30% at 89.5%, 62% at 94.7%, 100% at 100%, 185% at 108.5%
Actual AchievementAdjusted Net Income of $294,461,002 (62% payout)
Actual Bonus Payment ($)$620,000
Payment ScheduleAnnually based on performance results

Performance-Based RSUs (PSUs)

MetricDetail
Grant DateMarch 6, 2024
Number of Shares71,023 PSUs
Grant Date Fair Value ($)$6,191,039
Grant Date Stock Price$66.88
Performance MetricRelative Total Shareholder Return (TSR)
Vesting Schedule15% after 1 year, 35% after 2 years, 50% after 3 years
Evaluation Period1-year, 2-year, and 3-year performance periods
ConditionsContinued employment and attainment of TSR goals