Equibles does not estimate personal net worth.
Earlier roles on record: CFO at Ibotta, Inc. (IBTA) until March 14, 2025. Ibotta, Inc. reported in an 8-K filed March 14, 2025 that Sunit Patel resigned as Chief Financial Officer, effective March 14, 2025. The proxy statement of Ibotta, Inc. reports total compensation of $6,635,330 for Sunit Patel in fiscal 2025, including a base salary of $118,173. Disclosed compensation is on record for 2 fiscal years. Sunit Patel has spoken on 4 earnings calls across 1 company, most recently for Ibotta, Inc. on February 26, 2025. The companies whose calls Sunit Patel spoke on are classified in the Technology sector.
“Sunit Patel resigned as Chief Financial Officer and Principal Financial Officer of Ibotta, Inc. (the “Company”), effective March 14, 2025, and he will remain with the Company through March 28, 2025.”
“We delivered revenue and adjusted EBITDA 4% and 13% below the midpoint of the guidance range we provided on our third quarter earnings call respectively. Our revenue was below our guidance range as a result of a shortfall in redemption revenue driven by a lack of sufficient offer supply.”
“We delivered strong revenue, adjusted EBITDA, and free cash flow growth, with revenue and adjusted EBITDA 5% and 22% above the midpoint of the guidance range we provided on our second quarter earnings call.”
“We delivered strong revenue, adjusted EBITDA, and free cash flow growth, with revenue and adjusted EBITDA 3% and 20% above the midpoint of the guidance range we provided on our first quarter earnings call, respectively.”
“We delivered strong revenue growth, profitability and free cash flow in the first quarter. During the quarter, we continued to make progress in expanding the Ibotta Performance Network, adding new advertisers, offers, redeemers and retail publishers.”
Start not stated–2025-03-14
IBTA
Software - Application · Technology
CFO
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2025 | Ibotta, Inc. (IBTA) | Former Chief Financial Officer | $118,173 | $6,635,330 |
| 2024 | Ibotta, Inc. (IBTA) | Former Chief Financial Officer | $388,074 | $5,298,593 |
