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> In 2021, Jassy received $212,701,169 in total compensation, Insider reported in April, citing a proxy filing the company submitted. Only $175,000 of that came
by jrib 4y ago
> In 2021, Jassy received $212,701,169 in total compensation, Insider reported in April, citing a proxy filing the company submitted. Only $175,000 of that came from his salary. The rest came from shares: He was awarded 61,000 shares that would vest over 10 years, worth $211,933,520, when he became CEO.
- HDThoreaun 4y agoDon't worry, the vest is back loaded and he'll get pip'd before that kicks in
- gruez 4y ago>He was awarded 61,000 shares that would vest over 10 years, worth $211,933,520, when he became CEO. How did they get $211,933,520? 61,000 shares multiplied by the price at the time (eyeballing the chart, the 2021 price looks to be around $160) gets you $9,760,000.
- missedthecue 4y agoThere was a stock split
- mrep 4y agoSo 21 million a year. Levels.fyi has an SDE III at 355k a year [0] and a level above that at 538k which is usually what most pure IC managers are at. That's a 57% comp for moving up one level moving. 21,000,000/350,000 = 60x. If they have say 8 managers between IC and CEO, thats 60^(1/9) = 57.6% comp growth per level. Doesn't seem so ridiculous of a compensation if you want to keep the carrot above the stick at each level of the management chain. [0]: https://www.levels.fyi/companies/amazon/salaries/software-engineer https://www.levels.fyi/companies/amazon/salaries/software-en...
- chrisbolt 4y agoWhy does it count as 2021 total comp if it doesn't fully vest until 2031?