- Amazon Reports reveals that former CEO payments
- The current salary of CEO Andy Jassy was $ 365,000 in 2024, Bezos was $ 81,840
- Amazon’s average salary was $ 37,000 in 2024
Amazon paid more Jeff Bezos than his current CEO, Andy Jassy in 2024, but this does not mean that the founder had a higher salary than living.
In fact, Jassy’s salary accumulated about 4.5 times more than that of Bezos of $ 365,000 compared to $ 81,840, but where the two leading leaders were in other expenses and costs allowed.
Bezos received $ 1.6 million in security costs in 2024, and the company defended the high security expenses due to the low salary of the former CEO and the benefits of the company.
Jeff Bezos continues to cost Amazon millions
The Amazon CEO, Andy Jassy, together with the financial director Brian Olsavsky, the Amazon Stores CEO, Douglas Herrington, and the director of Global Affairs and the Chief of Global Affairs, David Zapolsky, received $ 365,000 in salary, a figure without changes of the previous year. The AWS CEO, Matt Garman, received a slightly smaller package of $ 358,750.
Defending his decision to compensate Jassy for an additional $ 1.2 million, more tens of thousands for other C-Suite executives, the company said: “We believe that all security costs incurred in the company are reasonable and necessary and for the benefits of the company.”
“The total annual compensation of 2024 of our compensated average employee (identified of all permanent and temporary full -time employees worldwide, excluding our CEO) was $ 37,181,” said Amazon.
Other issues covered at the annual shareholders meeting included the application for alternative emission reports, additional reports on the impact of data centers and climatic commitments, and a report on packaging materials.
The Board voted against the three requests, indicating the existing transparency, compliance with the protocols and guidelines and work that has already been done.
The complete details of the meeting can be found on the Amazon notice of the annual shareholders meeting and the Amazon power statement.
