Steven Conine is the co-founder and co-chairman of Wayfair, an online furniture retailer headquartered in Boston.
Conine was raised in New Jersey, and as a teenager, he spent time working at two outdoor furniture stores that his mother founded.
He met future Wayfair co-founder, Niraj Shah, while in high school, and the two friends went on to attend Cornell University together. Conine earned his bachelor's degree in mechanical engineering.
Before starting CSN Stores—which would later become Wayfair—Conine and Shah founded Spinners, which provided custom application development for Fortune 500 companies, including The New York Times, Merrill Lynch, and JP Morgan Chase. They sold Spinners to iXL in 1998, and Conine stayed on as COO for iXL’s London office. Conine and Shah then founded enterprise software company, Simplify Mobile, which they sold to Tangoe in 2001. The pair started CSN Stores in 2002, from which they launched Wayfair in 2011.
Under Conine and Shah’s guidance, Wayfair quickly grew into a successful online retailer. The company now offers over 18 million products between five brands, Wayfair, AllModern, Birch Lane, Joss & Main, and Perigold.
Conine heads up the technological innovations that give Wayfair an edge in the online retail world, from the development of architecting software systems to the leveraging of next-generation technologies like artificial intelligence and augmented reality.
Wayfair went public in 2014, and when share prices rose above $70 in 2017, both founders became billionaires.
Conine also sits on the board of CarGurus, a leading global online automotive marketplace.
He lives in Boston with his wife, Alexi, and their three children.
What is Steven Conine's net worth?
The estimated net worth of Steven Conine is at least $12.23 million as of June 7th, 2024. Mr. Conine owns 219,073 shares of Wayfair stock worth more than $12,230,846 as of October 5th. This net worth evaluation does not reflect any other investments that Mr. Conine may own. Additionally, Mr. Conine receives a salary of $150,300.00 as Insider at Wayfair. Learn More about Steven Conine's net worth.
How old is Steven Conine?
Mr. Conine is currently 51 years old. There are 5 older executives and no younger executives at Wayfair. The oldest executive at Wayfair is Dr. Thomas Netzer, Chief Operating Officer, who is 53 years old. Learn More on Steven Conine's age.
What is Steven Conine's salary?
As the Insider of Wayfair Inc., Mr. Conine earns $150,300.00 per year. There are 5 executives that earn more than Mr. Conine. The highest earning executive at Wayfair is Mr. Jon Blotner, Chief Commercial Officer, who commands a salary of $1,010,000.00 per year. Learn More on Steven Conine's salary.
How do I contact Steven Conine?
Has Steven Conine been buying or selling shares of Wayfair?
Steven Conine has not been actively trading shares of Wayfair within the last three months. Most recently, Steven Conine sold 10,000 shares of the business's stock in a transaction on Friday, June 7th. The shares were sold at an average price of $56.79, for a transaction totalling $567,900.00. Following the completion of the sale, the insider now directly owns 219,073 shares of the company's stock, valued at $12,441,155.67. Learn More on Steven Conine's trading history.
Who are Wayfair's active insiders?
Wayfair's insider roster includes Jon Blotner (Insider), Michael Choe (Director), Steven Conine (Insider), Michael Fleisher (CFO), Kate Gulliver (CFO), Michael Kumin (Director), Edmond Macri (Insider), James Miller (CTO), John Mulliken (CTO), Thomas Netzer (COO), Steve Oblak (Insider), James Savarese (COO), Anke Schaferkordt (Director), Niraj Shah (CEO), and Fiona Tan (CTO). Learn More on Wayfair's active insiders.
Are insiders buying or selling shares of Wayfair?
During the last twelve months, insiders at the sold shares 43 times. They sold a total of 255,191 shares worth more than $14,431,855.77. The most recent insider tranaction occured on October, 2nd when CFO Kate Gulliver sold 7,330 shares worth more than $388,856.50. Insiders at Wayfair own 26.8% of the company.
Learn More about insider trades at Wayfair. Information on this page was last updated on 10/2/2024.