Amazon (AMZN) chief executive officer (CEO) Andy Jassy’s compensation totaled $212 million
U.S. in 2021, an amount that reflects a large stock award he received after assuming leadership
of the e-commerce company.
Jassy, who took the reigns from Amazon founder Jeff Bezos last July, was paid a base salary of
$175,000 U.S., unchanged from a year earlier, according to a securities filing.
The majority of Jassy’s compensation came in the form of a stock award of 61,000 Amazon
shares that vest between 2023 and 2031. That award “is expected to represent most of Mr.
Jassy’s compensation for the coming years,” the Seattle-based company said.
Bezos, who is executive chairman, drew his custom salary of $81,840 U.S., along with $1.6
million U.S. in “other compensation,” which is primarily to cover the cost of his security detail.
Adam Selipsky, Jassy’s successor as the chief of the Amazon Web Services cloud computing
unit, was the company’s second-highest paid executive after Jassy. Selipsky received $81
million U.S. in compensation last year.
Dave Clark, who oversees Amazon’s retail and logistics operation as Worldwide Consumer
CEO, was paid $56 million U.S., including a stock award he received upon his promotion to that
position.
Amazon’s median employee worldwide was paid $32,855 U.S. in 2021, the company said in the
regulatory filing, for a ratio of 1-to-6,474 when stacked against Jassy’s pay package. In the U.S.,
the median full-time employee was paid $39,677 U.S. in 2021, according to labour statistics.
