A large number of tech CEO’s wage is a determine of envy as they’re relatively steadily paid so much. More so if you’re heading firms like Amazon, Microsoft, Google and others. Andy JassyCEO, amazon additionally reportedly earns large dollars. However, he did see his wage drop tremendously in 2022. According to the yearly proxy remark filed by means of Amazon, Jassy earned $1.3 million in repayment in 2022. However, in 2021, he used to be awarded inventory choices value $212 million. This yr Amazon did not give any new inventory to Jassy, as according to the submitting.
A more in-depth take a look at the figures do disclose that Jassy’s base wage, in reality, higher in 2022 by means of with reference to 81%. In 20221, Jassy’s base wage used to be $1,75,000 however in 2022, he earned $317,500 in 2022. Under the “All Other Compensation” part, Jassy noticed an build up as neatly. In 2021, he were given $34,381 while in 2022 the determine jumped to $9,81,223.
Stock choices unfold over 10 years
The $212 million awarded to Jassy in 2021 will also be vested over 10 years. According to a record by means of Business Insider, the Amazon CEO vested with reference to $32 million in 2022. This yr, it’s anticipated that Jassy might vest with reference to $19 million, as according to the record.
The filings additionally printed that the previous Amazon CEO and some of the richest males on this planet nonetheless receives a wage from the corporate. Bezos, who serves as the chief chairman at Amazon, won $1.68 million as repayment in 2022. Bezos’ base wage used to be $81,840. Under the “All Other Compensation” part, Bezos were given $1.6 million. Interestingly, for the closing 3 years, Bezos has been getting an identical quantity of repayment from the corporate he based. Also, Bezos hasn’t been awarded any inventory choices within the closing 3 years.
A more in-depth take a look at the figures do disclose that Jassy’s base wage, in reality, higher in 2022 by means of with reference to 81%. In 20221, Jassy’s base wage used to be $1,75,000 however in 2022, he earned $317,500 in 2022. Under the “All Other Compensation” part, Jassy noticed an build up as neatly. In 2021, he were given $34,381 while in 2022 the determine jumped to $9,81,223.
Stock choices unfold over 10 years
The $212 million awarded to Jassy in 2021 will also be vested over 10 years. According to a record by means of Business Insider, the Amazon CEO vested with reference to $32 million in 2022. This yr, it’s anticipated that Jassy might vest with reference to $19 million, as according to the record.
The filings additionally printed that the previous Amazon CEO and some of the richest males on this planet nonetheless receives a wage from the corporate. Bezos, who serves as the chief chairman at Amazon, won $1.68 million as repayment in 2022. Bezos’ base wage used to be $81,840. Under the “All Other Compensation” part, Bezos were given $1.6 million. Interestingly, for the closing 3 years, Bezos has been getting an identical quantity of repayment from the corporate he based. Also, Bezos hasn’t been awarded any inventory choices within the closing 3 years.