In a filing to the Securities and Exchange Commission earlier this week, Amazon reported that Jassy will receive 61,000 shares of the firm's common stock vested over 10 years upon becoming president and chief executive on July 5. At Friday's closing price of $3,510.98, that's $214,169,780.00 Isn't this too less for Amazon CEO?###tech #payday #ceo #jefferies #amazon #amazonbenefits #bezos #andy
Or will he continue to get this hefty amount of stocks every year?
Andy's first thing at work as CEO be like : "sudo stock split" lol and he can just sit back and relax 😂
Does he lose it when the board PIPs him?
Asking the real question. Will they put him on dev plan?
Yes
#amazonbenefits is a hashtag lol 😂
Frugazon!!
22 million per year is less ? What does Google/Microsoft pay ?
More I guess
Refreshers stack
Will it vest 5% for the first few years and then 20% in the last year? What's his joining bonus? It seems low, he should keep interviewing
What are you talking about? It’s Andy Jassy who has got 61K shares over the next 10 years: https://d18rn0p25nwr6d.cloudfront.net/CIK-0001018724/f0cf735c-695c-4aca-8226-452ec3e54c96.pdf#page2
A 10 year vesting schedule is a long time tho!! If he can weave straw into gold, then dude deserves it. If he did it for aws he can do it for AMZ. (If Jassy is reading this, please split the stock) I’ll take 12 to 1.
Now, for that TC I would work for Amazon
Well, you missed it this time. Please be more proactive to seek the job when Jessy retires 😛
Yeah seems like our shitty pay bands go to the top
Can’t imagine how mad you’d be if you worked for Walmart 🤣
It seemed shitty when Tim Cook was paid lesser way back in 2012. Now the company has 10x’ed in market cap and he gained more grants as he blew through his targets. I’m sure Andy was given a similar plan.