Boston Business Journal

Wayfair Spent $668K on Personal Security for Its CEO in 2022

Ashlee Espinal | CNBC

Boston-based Wayfair Inc. spent over half a million dollars on personal security for CEO Niraj Shah in 2022 — more than eight times what it spent on his salary last year.

Wayfair's costs for the personal security of its chief executive has seen a large increase in recent years. In public documents filed last week, the Boston online furniture retailer said it paid approximately $668,021 for "costs related to personal security under the co-founders’ overall security program" for CEO Niraj Shah.

STAY IN THE KNOW

icon

Watch NBC10 Boston news for free, 24/7, wherever you are.

icon

Get Boston local news, weather forecasts, lifestyle and entertainment stories to your inbox. Sign up for NBC Boston’s newsletters.

More on this story from Boston Business Journal

Copyright Boston Business Journal
Contact Us