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Wix.com Ltd. (WIX)

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Wix.com Ltd.

40 Namal Tel Aviv Street
Tel Aviv 6350671
Israel
972 3 545 4900
http://www.wix.com

SectorTechnology
IndustryInternet Information Providers
Full Time Employees1,248

Key Executives

NameTitlePayExercisedAge
Mr. Avishai AbrahamiCo-Founder, Honorary Chairman and Chief Exec. OfficerN/AN/A46
Mr. Nir ZoharPres and Chief Operating Officer389kN/A39
Mr. Giora KaplanCo-Founder, Chief Technology Officer and DirectorN/AN/A47
Mr. Menashe Lior ShemeshChief Financial Officer379kN/A47
Mr. Omer ShaiChief Marketing Officer381kN/A40
Amounts are as of December 31, 2016 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

Wix.com Ltd. develops and markets an Internet service that allows users to create Web content in Latin America, Europe, North America, Asia, and internationally. It offers Web development, design, and management solutions and apps through an online platform that enables its user base of businesses, organizations, professionals, and individuals to create a digital presence. The company’s principal product is the Wix Editor, a drag-and-drop visual development and Website editing environment. Its applications and value-added solutions comprise Wix App Market, an online platform that offers its users a range of software apps, which could be integrated as add-ons into its users’ Websites. In addition, the company provides WixShoutOut, which enables users to create and send customized email campaigns, such as newsletters, updates, and promotions directly from their Wix accounts. Further, it offers WixStores that allows its users to create, design, and manage an online store through which they may sell their products online and process payments using an integrated shopping cart app; Wix Bookings, an end-to-end online appointment booking solution; WixHotels, a Website for hotels, B&Bs, and vacation rentals; WixMusic, an advanced music player solution; and Wix Restaurants that provides various solutions for restauranteurs, including Wix Restaurants menus, orders, and reservations. Additionally, the company provides Wix Photography, a solution for photographers looking to create their portfolio and manage their business online; Wix Video that allows its customers to showcase, promote, and sell videos on their Wix Website; and customer support and services. As of December 31, 2016, it had approximately 97.3 million registered users and 2,465,160 premium subscriptions. The company was formerly known as Wixpress Ltd. Wix.com Ltd. was founded in 2006 and is headquartered in Tel Aviv, Israel.

Corporate Governance

Wix.com Ltd.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

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.