Flywire: Pay

Flywire paid its 5 named executives $24.2M in total in FY2025 (Dec). CEO Michael Massaro was paid $8.8M of that.

Pay$100 in the stock at the end of FY21 → $37
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

Michael MassaroChief Executive Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Robert OrgelPresident and Chief Operating Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Cosmin Pitigoi(5) Chief Financial Officer
FY2025 (Dec)
FY2024 (Dec)
2 years
David KingChief Product Officer & Co-President of Global Education
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
4 years
Peter ButterfieldGeneral Counsel and Chief Compliance Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
3 years

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 7 peers with pay on file was $11.0M. The CEO of Flywire was paid $8.8M, 20% below the median.

  1. 1JFrog
  2. 2BILL Holdings
  3. 3Payoneer Global
  4. 4Marqeta
  5. 5Phreesia
  6. 6Flywire
  7. 7nCino
  8. 8Remitly Global
  9. 9AvidXchangeNot disclosed
  10. 10EvertecNot disclosed
  11. 11Lightspeed CommerceNot disclosed
  12. 12NuveiNot disclosed
  13. 13Pager DutyNot disclosed
  14. 14Repay HoldingsNot disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.