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.

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