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 record, 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, printed in Might 2022, evaluated compensation for CEOs at S&P 500 firms who’ve held the place for at the least two years as of December 31, 2021. Included firms needed to have submitted an SEC proxy between January 1 and April 30, 2022.
In line with 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 yr’s analysis. David Zaslav of Warner Bros. Discovery was second at $246.6 million.
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In line with 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. trade. 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 printed its “2022 Startup CEO Wage Report.” The information, 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 line with 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 fascinating 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 larger CEO salaries. Nonetheless, frivolously funded startups — the place the founders in all probability have extra management over the pay than the VCs — are paying much less as founders begin to react to the extra conservative funding setting.”
