Leadership & Pay ·
Similarweb seeks shareholder approval for Michael Akkerman's $10M equity CEO compensation package
SMWBSimilarweb Ltd.
Similarweb Ltd. is holding a special general meeting of shareholders on November 16, 2026, to vote on the binding compensation terms for its new Chief Executive Officer, Michael Akkerman. The proposed package includes a $550,000 annual base salary, a target bonus equal to 100% of base, and a one-time sign-on cash bonus of $500,000. The equity component features an aggregate grant value of approximately $10 million in restricted stock units and performance share units tied to revenue, EBITDA, and share price milestones over the next three to four years. Approval is conditional under Israeli law; failure to approve would require renegotiation of terms or potential departure of the new CEO. Similarweb Ltd. operates a digital intelligence platform that provides web traffic analytics and competitive benchmarking data.