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Quick notes. The comp is actually more like $20M/year if stock price doesn't tank. Jassy started AWS (cloud compute side of AWS) with 60 folks or something wa
by onphonenow 4y ago
Quick notes.
The comp is actually more like $20M/year if stock price doesn't tank.
Jassy started AWS (cloud compute side of AWS) with 60 folks or something way back.
He grew AWS to a very large size with very large margins (think $25B/year operating income? Maybe 50-60B in revenue? That is good particularly for Amazon which has had low margins elsewhere.)
AWS continues to compare well financial performance wise with competitors like google.
And folks are freaking out over $20M/year?
Amazons overall net sales are going to be in the 400 billion per year range. They can afford it.
- bin_bash 4y agoIsn’t Parag Agrawal getting 30M/year? Twitter is no Amazon by a long shot.
- jogu 4y ago> The comp is actually more like $20M/year if stock price doesn't tank. I feel like a lot of people are missing the "stock price doesn't tank" part. How much he actually gets is going to pend on the value of the stock at the time. With the way things are going I wouldn't be surprised (even if it's just this year) his take home ends up being significantly less given AMZN is down 30+% since last year.