"The CEO and cofounder of Wayfair, Niraj Shah, saw his total compensation soar last year, catapulting him to the top of the region's list of top-paid tech CEOs, according to the latest analysis by the Boston Business Journal."
"But, according to a proxy statement with the U.S. Securities and Exchange Commission on March 31, Shah's pay included about $280.6 million in stock awards, approximately $210,000 in other compensation, and his usual salary of $80,000. The payout is a 990 percent increase compared to $283,145, Shah's total payment in 2024."
"The new compensation comes after the Wayfair board approved a new pay package made of performance stock units for its chief executive, tied to certain milestones and requirements, last September. The CEOs continued to be paid out even as Boston-area tech companies remain in flux as many move to use AI to improve efficiency, slowing down the job market."
"Second on the list, but well behind Shah, is Vincent Roche, president and CEO of Analog Devices. According to the BBJ, his total compensation in 2025 was $27,456,265. Nei Barua, CEO of PTC Inc., a software company in Boston, came in third, making $24,315,129 last year."
Niraj Shah, CEO and cofounder of Wayfair, led the Boston-area list of top-paid tech CEOs in 2025 after a major compensation increase. His March 31 proxy statement to the U.S. Securities and Exchange Commission reported about $280.6 million in stock awards, roughly $210,000 in other compensation, and an $80,000 salary. The payout represented a 990% increase compared with $283,145 in total payment in 2024. The increase followed a board-approved pay package of performance stock units tied to milestones and requirements approved last September. Other high earners included Vincent Roche of Analog Devices and Nei Barua of PTC Inc., with totals far below Shah. The ranking considered stock awards, stock options, bonuses, and other compensation.
Read at Boston.com
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