What are they earning if they do not take equity rewards either? Is this some sort of Musk like scheme where they get a fortune if they deliver certain results in the future? Snap Chief Executive Evan Spiegel and Chief Technology Officer Bobby Murphy have agreed to serve in their roles through at least Jan. 1, 2027, for a $1 salary and no equity compensation, the company said. https://www.reuters.com/business/media-telecom/snap-misses-revenue-targets-growing-competition-inflation-slow-growth-2022-07-21/
I assume just like how bezos started out with a pot of equity from when he founded amazon, these guys probably also still hold significant shares from their founding. So they’re incentivized to do well so their existing equity increases. Bezos also never had any additional equity grants.
they are billionaires. Just work for fun, not for living
Yeah, unlike ur CPO
Surojit Chatterjee?
They earn if they grow the stock they already own.
They are the founders, they own significant amounts of stock like 20%+
They make money by taking our money
Bonuses