How much did Amazon CEO Andy Jassy get paid in 2021?

Two former senior staffers debate the decision Amazon (AMZN) CEO Andy Jassy received a pay package valued at $212.7 million in 2021, marking a substantial compensation increase for the executive during his first year running the tech giant, according to a company filing with the US Securities and Exchange Commission on Friday.

Why is Amazon CEO Jassy's pay so high?

Amazon made clear in the filing that Jassy’s high pay was because of a special restricted stock award tied to his promotion to CEO that year. No other Fortune 500 company comes close to Amazon’s CEO-to-worker pay ratio.

How much do CEOs get paid?

Since 1977, CEO pay has soared 1,322%, while typical worker compensation has risen only 18%, according to the Economic Policy Institute. Much of that compensation is because vested stock awards and stock options have become a larger component of executive pay. Only $175,000 of Jassy’s total pay came from his salary.