Record-breaking CEO in Late 30s Outearns Apple's Tim Cook in Recent Year

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Record-breaking CEO in Late 30s Outearns Apple's Tim Cook in Recent Year

05.07.2023 5 July 2023
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Unveiling the Elite Nine

Rarely do CEOs earn over $100 million in compensation, but Kiwi Camara, CEO of CS Disco, is among the select few. With a salary of $500,000 and $109 million in stock options, Camara's total compensation places him among the top-earning CEOs.

The Remarkable Story of Kiwi Camara

What sets Kiwi Camara apart is not just the magnitude of his compensation but the unique circumstances surrounding it. His total compensation combines a salary of $500,000 with $109 million in stock options, catapulting him into the league of highest earners.

It's important to note that Camara's stock options will only become available under specific conditions, such as meeting share price targets by 2032, a company acquisition, or his departure from the company. Nevertheless, this substantial increase in pay is truly remarkable for Camara, especially considering he earned only $1 million in 2021.

The Elite Group of Nine

Camara stands among a select group of nine CEOs who have secured compensation packages exceeding $100 million. Leading the pack is Stephen Schwarzman, the CEO of Blackstone, with an astounding $253 million pay package.

Within the exclusive circle of nine CEOs who have been awarded compensation packages exceeding $100 million, three are affiliated with S&P 500 firms: Sundar Pichai (Alphabet), Michael Rapino (Live Nation), and Safra Catz (Oracle). The remaining CEOs in this group are Stephen Scherr (Hertz), Barry McCarthy (Peloton), Douglas Ingram (Sarepta Therapeutics), and the recently appointed CEO of Pinterest, Bill Ready.

A Decline in $100 Million+ Earners

While the number of CEOs surpassing the $100 million threshold remains significant, there has been a decline compared to the previous year. In 2021, more than 20 CEOs earned over $100 million, whereas in 2022, the number decreased. This decline can be attributed to reduced equity awards for executives, as reported by C-Suite Comp.

Increased Scrutiny of Executive Pay

Investors and shareholders are becoming more skeptical of executive pay. A recent case illustrates this trend, with Netflix shareholders rejecting a pay package for co-CEO Ted Sarandos. The proposed package included a $3M salary, $20M in stock, and a potential $17M bonus.

CATZ Safra

CEO of Oracle
#997
SCHWARZMAN Stephen

Chairman and CEO
#2770
PICHAI Sundar

CEO of Google (Alphabet Inc)
#4607
MCCARTHY Barry

Chief Executive Officer of Peloton
#3021
SARANDOS Ted

co-CEO and Chief Content Officer at Netflix
#1539
Stephen M. Scherr

Chair and Chief Executive Officer of Hertz
#5131
CAMARA Kiwi

Businessman
#5577
RAPINO Michael

President and CEO of Live Nation Entertainment
#5594
INGRAM Douglas

President and Chief Executive Officer of the Sarepta Therapeutics
#1276
Google (Alphabet Inc)

#51
Oracle

#53
Blackstone

#102
Pinterest

#4029
Peloton Interactive

#4087
Hertz

#3763
CS Disco

#2851
Live Nation Entertainment

#2298
Sarepta Therapeutics

#2866

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Section: business

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MALKOVICH John

I am humbled to be chosen for this award, which has been given to so many wonderful actors over the past 83 iterations of the Venice Film Festival

KIMMEL James

This is yet another attack on free speech, something that has become all too familiar for us at the show, for us in the country

COMPSTON Martin

It's for Jed to say, it's not for me to say whether the show will ever end but I think it's fair to say that this is the end of the story arc that's been building since series one. Everything will come to a head on this one.

WILLIAMS Margaret

I don’t know, really. She would have to be developed in some way because I feel like I’ve changed so much

HARGITAY Mariska

I just want that invitation to go out, especially to women

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Record-breaking CEO in Late 30s Outearns Apple's Tim Cook in Recent Year

Unveiling the Elite Nine

The Remarkable Story of Kiwi Camara

The Elite Group of Nine

A Decline in $100 Million+ Earners

Persons9 and Companies9 in the news

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