It says a lot both about certain CEOs and about the difference between Asian and Western companies
The salaries of the CEOs of large technology companies reveal impressive figures, but also quite a few disparities between what they earn from each other (in addition to the fact that there is increasingly more distance between their salaries and those of their employees). There are also differences between what CEOs of companies with very different sizes earn.
Because it is important. The compensation of top executives not only reflects the performance of their companies, but also the trends and priorities of the technology market. Although there are figures that surprise.
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The most striking. Sundar Pichai tops the list with a total salary of $226 million, standing out above anyone else. He is also an example of the importance that stock packages have in these remunerations: his net salary is “only” 2 million dollars, 7 if we count other concepts. The more than 200 that are missing are actions.
Broadcom’s Hock Tan is also surprising for his emoluments, exceeding $160 million, despite the fact that his company is several orders of magnitude lower than those of other CEOs with much lower compensation.
- Elon Musk appears with 0 dollars in direct salary, but his compensation in shares, in dispute, would make the graph illegible: 56,000 million dollars that have already fallen to 44,000 million
Here you can better see the relationship between the salary of some CEOs and the market capitalization of their companies.
Asian mentality? Another curiosity that the first graph leaves: the last four CEOs (removing Musk) by salary are from Asian companies: Taiwan, South Korea and China twice.
CEOs of North American companies with similar magnitudes, such as Adobe, Salesforce, AMD or Netflix, have much higher salaries.
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Featured image | Xataka, Mockuuups Studio
