According to an SEC filing, Andy Jesse, a longtime executive who became CEO of the company last summer, paid a total of 2 212.7 million in compensation in 2021.
The salary package, almost entirely in the form of a stock award, is about six times what he received in 2020, 35.8 million. Jesse was previously the CEO of the tech giant’s web services division.
Amazon’s business grew during the coronavirus epidemic and continues to improve as it emerges from the global epidemic. The company recently set a জন্য 10 billion share buyback, along with a 20-for-1 stock split. Shareholders must approve the split during the company’s annual meeting, which is scheduled for May 25.
While executive compensation for media and technical positions appears to have increased across the board in 2021, nine-figure packages are no longer uncommon. Discovery chief David Jaslav and Endeavor boss Ari Emanuel are two recent recipients of large salaries, although their declared compensation is linked to the stock performance milestone.
Amazon founder and longtime CEO Jeff Bezos gave the baton to Jessie last year but remained the executive chairman. His total compensation was the same year after year, about $ 1.7 million. He owns 10% of the shares in Amazon, but has recently made billions by selling shares.
Adam Selipsky, who joined Amazon last year and replaced Jesse as head of AWS, made 81.5 million in 2021. David Clark, chief executive of the global consumer segment, sees his salary increase from $ 46.3 million in 2020 to $ 56 million.
CFO Brian Olsavsky’s pay has gone in the opposite direction, like most top-level colleagues. In 2020, he received .2 17.2 million, but in 2021 his total salary dropped to 3 163,200.