Amazon Gives Incoming CEO Andy Jassy Stock Awards Worth More Than $200 Million
Incoming Amazon CEO Andy Jassy has been given stock awards valued at well over $200 million based on the tech giant’s four-figure stock price at present.Jassy has been granted 61,000 shares of Amazon common stock as of July 5, when he takes over the helm from founder Jeff Bezos.
The stock awards will vest over the next 10 years, the company disclosed Friday in a Securities and Exchange Commission filing.
Amazon shares closed Friday at $3510.98.More to comeMore from VarietyDamming the Stream: Global Governments Try to Set Boundaries for Streaming Giants.
Will They Work?’Watchmen‘ Alum Janine Nabers Sets Amazon Overall DealAmazon Wants FTC Chair Lina Khan Barred From MGM Review, Other Antitrust Probes
Read full article