Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

merrily

(45,251 posts)
2. http://www.bloomberg.com/news/articles/2014-04-10/amazon-keeps-ceo-bezos-total-pay-at-1-68-million
Sun Sep 20, 2015, 06:19 PM
Sep 2015
April 10 (Bloomberg) -- Amazon.com Inc. founder and Chief Executive Officer Jeff Bezos received $1.68 million in total pay last year, unchanged from 2012, including $81,840 in salary and $1.6 million to cover security arrangements.

The CEO, who owns 18 percent of the world’s largest online retailer, again asked the company not to grant him additional compensation in 2013 and has never received a higher salary or any stock-based compensation, Amazon said today in a filing with the U.S. Securities and Exchange Commission.

Bezos, 50, is the world’s 20th-richest person, with a net worth of $30.3 billion,
according to the Bloomberg Billionaires Index. Top executives at some of the biggest technology companies have been opting to take low salaries, especially if they are already wealthy. Facebook Inc. CEO Mark Zuckerberg got a base salary of $1 last year, and Google Inc. and Apple Inc. executives have done the same.

Amazon said it pays leaders minimal salaries -- the highest is $175,000, for Senior Vice President Diego Piacentini -- as part of its philosophy of tying total compensation to long-term shareholder value. The shares of the Seattle-based company jumped 59 percent last year.


http://www.bloomberg.com/news/articles/2014-04-10/amazon-keeps-ceo-bezos-total-pay-at-1-68-million

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»Retired Forums»Socialist Progressives»Amazon Warehouse Workers ...»Reply #2