Using Company® compensation data, the Wall Street Journal looks at the biggest CEO pay package.
Below is an excerpt from the article by Theo Francis.
The head of advertising-technology company Trade Desk Inc. received a pay package last year that the company valued at more than $800 million—and which could leave him holding billions of dollars in additional shares.
The bulk of the pay package given to Chief Executive Jeff Green reflects a stock-option award that vests, or becomes exercisable, in eight batches if the company’s stock price rises significantly over the next decade, Trade Desk securities filings show.
The $835 million value that Trade Desk put on Mr. Green’s pay package surpasses those reported so far by all 358 S&P 500 companies that have disclosed 2021 compensation for their CEOs, according to data provided by MyLogIQ LLC. Trade Desk calculated the figure by modeling potential outcomes for the arrangement, it said in its filings.
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