The pandemic has created a lot financial instability, however not for the highest executives of main North America-based firms.
Amongst choose ecommerce companies, Amazon CEO Andy Jassy led the checklist, with a pay bundle valued at $212.7 million in 2021, in response to the corporate’s proxy assertion filed with the Securities and Trade Fee in April. Shopify’s Tobias Lutke earned $20 million.
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Since 2011, Equilar (a recruiting and compensation-consulting agency) and the Related Press have collectively produced an annual CEO compensation report. The present version, revealed in Might 2022, evaluated compensation for CEOs at S&P 500 firms who’ve held the place for not less than two years as of December 31, 2021. Included firms needed to have submitted an SEC proxy between January 1 and April 30, 2022.
In response to the report, Peter Kern, CEO of Expedia Group, had a wage of $296.3 million in 2021, making him the U.S.’s highest-paid CEO from this 12 months’s analysis. David Zaslav of Warner Bros. Discovery was second at $246.6 million.
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In response to the Equilar examine, the communication companies sector had a median CEO pay of $20.3 million in 2021, the very best of any U.S. business. The know-how sector was second with median pay of $16.6 million.
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Kruze Consulting is a U.S.-focused supplier of accounting, finance, and tax companies to seed and venture-capital-funded startups. In Might 2022, the corporate revealed its “2022 Startup CEO Wage Report.” The data, per the report, “comes from an anonymized dataset comprising greater than 250 venture-funded startups spanning a number of industries, together with Biotech, e-Commerce, Edtech, Fintech, Healthtech, {Hardware}, SaaS, and extra.”
In response to the Kruze report, in 2022 the common startup CEO wage grew 2.7% from 2021 to $150,000, whereas the median elevated to $140,000.
Healy Jones, vp of Kruze, said, “The attention-grabbing factor right here is how the businesses which have raised extra capital (and who’re assured that they’ll proceed to entry capital) are paying a lot greater CEO salaries. Nevertheless, flippantly funded startups — the place the founders most likely have extra management over the pay than the VCs — are paying much less as founders begin to react to the extra conservative funding atmosphere.”
