How much do VPs make at Apple?
Just saw in the media that the VP in charge of the Apple Car project was hired by Ford to come and lead frontier tech development. So how much are they paying VPs at Apple? I was surprised to learn that Ford can compete in TC with faangs and lure senior VPs in
At Amazon vps make 1.5 to 4m. And Svp make 5m to 50m
Damn!
More than at Amazon.
It's not always about the TC for everyone.
When you have such clout you might as well make it about TC. Ford desperately needs a top guy who knows what software is all about. Finding a guy who worked at Tesla AND Apple EV is gold. Hope Ford's middle management is able to leverage this guy's expertise.
Doesn’t D1 at Facebook and Google make $1m average?
4-5m avg
Directors make 4-5m??
For big companies like Ford, I imagine there is no limit in TC to hire the right talent. Just need to make the case to the board of director for TC approval
They pay around 5 Million for LL1 VPs at Ford
Plus the free Lincoln
🍿
They probably make a lot more. As most comp at those levels are discretionary stocks.
you need to file those awards in your reports, i wouldnt say it is hidden information
However, he’s received numerous stock grants over the last decade, including one for $250 million in 2014 and a pair of grants in the years afterward totaling $300 million, that have put his net worth close to $1 billion. This was sundar before he was CEO. https://www.theverge.com/2019/12/20/21031629/google-ceo-sundar-pichai-pay-package-amount-alphabet-compensation-stock
Wasnt sundae a SVP and not a VP?
Doesn’t matter, he made a billion before become ceo
What's svp?
Senior Vice President, its a McDaddy level position above regular VPs
Oh thanks
Awesome. So he will bring his own ppl in. Having just rented a 2021 mustang the car play component can certainly use some work. Loved the car though.
Sounds good, his people would be coming from apple and tesla so its good
Aren’t they legally obligated to not work for a competitor in the same field? Can Apple take legal actions against them?
Non-competes aren’t enforceable in california, so no, he’s probably not prohibited