Amazon CEO's 2024 compensation at $40.1M

(Source: baha news)
EPA-EFE/NINA PROMMER

Amazon.com Inc. revealed on Thursday in the annual proxy statement that CEO Andy Jassy's compensation stood at $40.1 million in 2024. This marks a 37% jump from $29.2 million he earned in 2023.

Jassy's base salary in 2024 was $365,000, unchanged from a year ago. "The Leadership Development and Compensation Committee did not grant a restricted stock unit award for Mr. Jassy in 2024 and has not granted him an award since 2021," Amazon detailed.

The tech giant explained that Jassy's 2024 realized compensation, which includes salary, plus all other components, plus value of stock vested during the year, grew compared to 2023 due to Amazon's "stock price performance."

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