Since 2011, Equilar (a recruiting and compensation-consulting firm) and the Associated Press have jointly produced an annual CEO compensation report. The current edition, published in May 2022, evaluated compensation for CEOs at S&P 500 companies who have held the position for at least two years as of December 31, 2021. Included companies had to have submitted an SEC proxy between January 1 and April 30, 2022.
Among select ecommerce businesses, Amazon CEO Andrew Jassy led the list, with a pay package valued at 2.7 million in 2021, according to the company’s proxy statement filed with the Securities and Exchange Commission in April. Shopify’s Tobias Lutke earned million. The pandemic has created much economic uncertainty, but not for the top executives of leading North America-based companies.
The pandemic has created much economic uncertainty, but not for the top executives of leading North America-based companies.
The pandemic has created much economic uncertainty, but not for the top executives of leading North America-based companies.
Healy Jones, vice president of Kruze, stated, “The interesting thing here is how the companies that have raised more capital (and who are confident that they can continue to access capital) are paying much higher CEO salaries. However, lightly funded startups — where the founders probably have more control over the pay than the VCs — are paying less as founders start to react to the more conservative funding environment.”
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