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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Employees National Retail Federation Inc. Matthew R Shay

Matthew R Shay

OfficerTrustee/director

President and Chief Executive Officer at National Retail Federation Inc.

Fiscal year ended February 28, 2025. Published on January 25, 2026.

$8,395,435
2025

Total compensation

Matthew R Shay has been listed as an employee of National Retail Federation Inc. in Form 990 filings since fiscal year 2017. Total compensation for Matthew R Shay has increased by 151.1% from 2017 to 2025.

Annual compensation details

$8,395,435
+49.4%
President and Chief Executive Officer
2025
$7.3M org
41.5 hrs/wk
$1.1M other
--
$5,618,632
+5.3%
President and Chief Executive Officer
2024
$4.6M org
41.5 hrs/wk
$1M other
--

Total compensation by year

Compare the compensation of Matthew R Shay to:

2025

Other employees at National Retail Federation Inc.

David French
Senior Vice President, Government Relations
$1,212,825
$1,101,767 from orgNo related comp$111,058 other
Stephanie Martz
General Counsel and Secretary
$1,041,364
$935,976 from orgNo related comp$105,388 other
William Thorne
Senior Vice President, Public Relations/Ed
$889,620
$789,120 from orgNo related comp$100,500 other
Susan Newman
Senior Vice President, Conferences
$695,486
$604,345 from orgNo related comp$91,141 other
Artemis Sakell
Senior Director, Exhibits
$639,033
$589,153 from orgNo related comp$49,880 other
Martine Reardon
Chief Marketing Officer and Executive Vice President
$474,514
$425,341 from orgNo related comp$49,173 other
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Revisions to this profile

January 25, 2026:
2025 National Retail Federation Inc. 990 published
January 25, 2026:
2024 National Retail Federation Inc. 990 published
January 25, 2026:
2023 National Retail Federation Inc. 990 published

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$5,334,620
-22%
President and Chief Executive Officer
2023
$4.4M org
41.5 hrs/wk
$919k other
--
$6,841,643
+49.8%
President and Chief Executive Officer
2022
$6M org
41.5 hrs/wk
$809k other
--
$4,568,268
+2.8%
President and Chief Executive Officer
2021
$3.9M org
41.5 hrs/wk
$704k other
--
$4,445,852
+4.4%
President and Chief Executive Officer
2020
$3.9M org
41.5 hrs/wk
$533k other
--
$4,259,725
+24%
President and Chief Executive Officer
2019
$4.1M org
41.5 hrs/wk
$168k other
--
$3,436,437
+2.8%
President and Chief Executive Officer
2018
$3M org
41.5 hrs/wk
$408k other
--
$3,344,126
President and Chief Executive Officer
2017
$3.1M org
41.5 hrs/wk
$273k other
--

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