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Is it unusual that on $313M ARR, the CEO’s yearly compensation, including options, is… $44.9M? CEO pay is 15% of total revenue?
by tmcw 7y ago
Is it unusual that on $313M ARR, the CEO’s yearly compensation, including options, is… $44.9M? CEO pay is 15% of total revenue?
- tptacek 7y agoFun additional detail: As part of our sales and marketing activities, we sponsor a CrowdStrike-branded professional racing car, which our President and Chief Executive Officer drives in some races at no incremental cost to us and in lieu of us hiring a professional driver. As we do not pay any amounts to our President and Chief Executive Officer under these arrangements, it is not reflected in the above table.
- chii 7y agoIf I was an investor, I would say this is reckless.
- tptacek 7y agoLots of companies sponsor race cars, and Crowdstrike seems to have gotten a co-branding thing out of it (they're now the EDR product for some Formula One teams or something). It's about as reckless or not reckless as any other marketing expense. Unless you mean the potential for George to meet his fiery doom in an F1 car, in which case, yes, I agree.
- cwkoss 7y agoF1 Teams hacking each other to gain advantage would make a great movie, I wonder if it has ever happened in real life.
- austenallred 7y agoAre you sure that's his annual compensation, or is that just a one-time options amount?