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Amazon's new CEO will earn $212 million in 2021 with a base salary of $175,000

via:新浪科技     time:2022/4/2 10:01:05     readed:133

Amazon CEO Andy Jassy's total compensation package for 2021 will be about $212 million, the company said this week. This shows that he received a large equity incentive when he took over as Amazon's CEO.

Jassi, who succeeded founder Jeff Bezos as CEO last July, will receive a base salary of $175,000 in 2021, unchanged from the previous year, Amazon said in a securities filing on Friday. The bulk of his package came from 61,000 stock options. Amazon disclosed options granted to Mr Jassy last year, which vest between 2023 and 2031. Amazon said the incentive was "expected to constitute the majority of Mr Jassy's compensation over the next few years".

As Executive chairman of Amazon, Bezos will receive a base salary of $81,840 in 2021, plus $1.6 million in other compensation. It was mostly to pay for his security detail. Bezos, one of the world's richest men, owns more than 12 percent of Amazon. Mr Bezos was not personally granted any further option incentives during his time at Amazon.

Adam Selipsky, who succeeded Jassi as CEO of Amazon's cloud computing business, AWS, was amazon's second-highest paid executive in 2021, with a total package of about $81 million. The vast majority is an option plan that will vest over the next five years.

Dave Clark, CEO of Amazon's global consumer business, which oversees retail and logistics, was paid $56m, including option incentives he received when he was promoted.

Amazon said in its filing on Friday that the median pay for amazon employees worldwide in 2021 was $32,855, a ratio of 1:6,474 to Jassi's package. In the US, the median salary for full-time Amazon employees is $39,677.

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