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Fitbit, Inc. (FIT)

NYSE - NYSE Delayed Price. Currency in USD
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7.23+0.03 (+0.42%)
At close: 4:02PM EST

7.25 +0.02 (0.28%)
After hours: 6:02PM EST

Fitbit, Inc.

199 Fremont Street
14th Floor
San Francisco, CA 94105
United States
415 513 1000
http://www.fitbit.com

Sector(s)Technology
IndustryScientific & Technical Instruments
Full Time Employees1,764

Key Executives

NameTitlePayExercisedYear Born
Mr. James ParkCo-Founder, Chairman, CEO & Pres2MN/A1976
Mr. Eric N. FriedmanCo-Founder, CTO & Director798.32kN/A1977
Mr. Ronald W. KislingChief Financial Officer737.07kN/A1961
Mr. Jeffrey P. DevineExec. VP of Operations726.8kN/A1961
Mr. Andrew P. MissanExec. VP, Gen. Counsel & Sec.777.32k273.91k1962
Mr. Thomas G. HudsonVP of Investor RelationsN/AN/AN/A
Mr. Timothy RosaChief Marketing OfficerN/AN/AN/A
Ms. Lisa GrossSr. VP of PeopleN/AN/AN/A
Mr. Mark SilverioSr. VP of Americas SalesN/AN/AN/A
Mr. Des PowerSr. VP & MD of InternationalN/AN/AN/A
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Fitbit, Inc., a technology company, provides health solutions in the United States and internationally. The company offers a line of devices, including Fitbit Charge 3, Fitbit Inspire, Fitbit Inspire HR, and Fitbit Ace 2 activity trackers; Fitbit Ionic and Fitbit Versa family of smartwatches, as well as Fitbit Flyer wireless headphones and the Fitbit Aria family of connected scales; and accessories, such as bands and frames for its devices. It also offers Fitbit online dashboard and mobile apps that sync automatically with and display real-time data from its wearable devices; and Fitbit Care, a connected health platform for health plans, employers, and health systems. In addition, the company provides Fitbit Premium, a paid subscription service that uses the data of users to deliver actionable guidance and coaching to help users achieve their health and fitness goals, as well as includes Fitbit Coach that offers exercise programs through personal trainer and yoga apps. It sells its products through consumer electronics and specialty, e-commerce, mass merchant, department store, club, and sporting goods and outdoors retailers; wireless carriers; distributors; and Fitbit.com, an online store, as well as directly to consumers. Fitbit, Inc. has a collaboration with The Scripps Research Institute and Stanford Medicine to study the role of wearables to detect, track, and contain infectious diseases, such as COVID-19.; and partnership with Solera Health to reduce risk of type 2 diabetes. The company was formerly known as Healthy Metrics Research, Inc. and changed its name to Fitbit, Inc. in October 2007. Fitbit, Inc. was founded in 2007 and is headquartered in San Francisco, California.

Corporate Governance

Fitbit, Inc.’s ISS Governance QualityScore as of November 1, 2019 is 10. The pillar scores are Audit: 5; Board: 7; Shareholder Rights: 10; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.