CEO’s are often paid the huge sum and here comes yet another new name in the list it’s Snap Inc Chief Executive Evan Spiegel received $637.8 million as total compensation last year after the company went public.
If reports are to be believed then it is the third highest payout a CEO has ever got. But he trails the sum of compensation got by Daniel Och, CEO of hedge fund Och-Ziff Capital Management Group, according to ISS Analytics, the data arm of Institutional Shareholder Services Inc.
Also read: What Modi told to the global CEOs is what an Indian wants to hear from his Prime Minister
In 2007 Och got a compensation of $918.9 million and he got $1.19 billion in 2008.
“I believe this is the largest value we have seen in the 10 years we’ve been compiling annual ‘highest-paid’ CEO studies,” said Dan Marcec, Director of Content at executive compensation data firm Equilar.
At the same time, Amazon CEO Jeff Bezo’s still leads the pack of the richest man in the world as he has crossed 105 billion worth mark making him worth more than Bill Gates.
Post Your Comments