Shopify names Morgan Stanley executive as new chief financial officer
Shopify founder and chief executive Tobi Lutke says the company will benefit from Hoffmeister’s more than 20 years of investment banking experience in the technology
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Tobi Lutke
Glass Lewis says majority of Shopify shareholders opposed ‘founder share’ plan
Firm says Shopify’s plan to augment founder Tobi Lütke’s power in the e-commerce company only passed because of the support from an early company investor
Shopify releases shareholder vote tally on proposal to give CEO key voting rights
Company says 53.68 per cent of shareholders, excluding founder and chief executive Tobi Lütke, voted in favour of a plan to grant him key voting
Shopify shareholders approve new voting rights for CEO Tobi Lütke, stock split
Move ensures Lütke, his family and affiliates will hold 40 per cent of the e-commerce software giant’s voting power.
Shopify signs deal to buy logistics company Deliverr for US$2.1 billion
Ottawa-based software firm’s stock ended the day down more than 14 per cent after company reported a first-quarter loss of US$1.5 billion.
Falling fortune: Shopify co-founder Tobi Lütke drops from second to 11th on Canada’s rich list
E-commerce software giant’s CEO has seen his net worth cut in half in recent months, according to Forbes’ annual ranking of the world’s wealthiest people.
UPDATED: Shopify proposes governance changes, announces 10-for-one share split
Proposal would preserve founder and CEO Tobi Lütke’s voting power, but provide sunset provisions that prevent him from transferring that power.
UPDATED: Shopify shares plunge after firm lowers 2022 revenue growth guidance on Q4 loss
Ottawa-based company’s stock fell to a low of $914 on the TSX as it announced it expects revenue growth for 2022 to be lower than
Shopify boss Lütke to join board of Coinbase cryptocurrency exchange
Exchange says Lütke will help as Coinbase looks to expand crypto to more people and businesses globally.
Fame and Fortune: Finkelstein cracks U.S. publication’s Forty Under 40 list
Shopify’s president joins a group that also includes tennis star Naomi Osaka, Tesla CFO Zach Kirkhorn and TikTok CEO Shou Zi Chew.
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