A brand new examine has named Elon Musk because the CEO who acquired probably the most bonus fee in recent times. Apple CEO Tim Cook dinner got here in fifth.
The evaluation undertaken by The Inventory Dork examined bonus funds of CEOs from the highest 50 market cap firms during the last 5 years to find out these with the very best compensation funds and common compensation over the interval.
The CEO with probably the most spectacular common yearly bonus is Musk of Tesla. Musk’s common yearly bonus stands at at US$456.7 million. A big chunk of this common was influenced by a large one-time inventory possibility bonus of $2.23 billion in 2018, the most important ever given to a CEO.
In second place is Sundar Pichai of Alphabet. His common yearly bonus is a whopping $98.9 million. In 2022 he acquired $10 million as a money bonus and $42.2 million as shares, which implies that for each greenback the median Google worker earned, Pichai took dwelling $275 in bonus funds.
Securing third place is Andy Jassy of Amazon. His yearly bonus common lands at $53.4 million. The Amazon CEO’s highest latest bonus was in 2021, when he acquired a $211 million fairness bonus. Andy Jassy collected $6,198 as bonus funds for each greenback the everyday Amazon employee made.
Safra Catz of Oracle takes the fourth spot with a mean bonus of $50.8 million a yr. In 2022, Catz was awarded $129 million in inventory choices, which, when damaged down, reveals that for each greenback earned by the typical Oracle worker, Catz took dwelling $1,723 in bonuses. Inventory awards comprise a substantial portion of her compensation, reflecting Oracle’s long-term development technique.
In fifth place, we discover Cook dinner, whose yearly bonus averages $43.9 million. In 2022, Tim was awarded $82 million in shares, which implies that for each greenback the typical Apple worker earned that yr, their CEO took dwelling $982 in inventory bonuses.
Although Cook dinner was additionally awarded a $12 million money bonus, Apple closely leans on inventory awards for government bonuses, guaranteeing that CEO pursuits align with these of the shareholders.
For this evaluation, The Inventory Dork used information from the businesses’ most up-to-date monetary statements, SEC filings, and public annual reviews.