Here’s how many bonuses Tim Cook, Mark Zuckerberg and other tech CEOs earned during the pandemic: all the details
Bonuses for CEOs of the top 10 tech companies soared 400% on average during the pandemic between 2020 and 2021, according to a new report. However, Alphabet and Google CEO Sundar Pichai saw a 14% drop in his bonuses in 2020 and 2021.
The pandemic has been a difficult time for all businesses, but many have made the most of the situation to help businesses grow even further. Zoom comes out on top in this regard, but others like Meta, Google, and Amazon have also flourished, allowing their bosses to reap huge profits.
“With the tech sector posting strong returns amid the coronavirus pandemic, industry executives are also ranking high in compensation,” the Finbold report said.
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Here’s a list of tech CEOs who have paid high bonuses during the COVID-19 pandemic over the past two years.
Tan Hock Eng – Broadcom
It was the highest earner with a whopping 1,586%, jumping from $3.6 million to $60.7 million, according to data acquired by financial news portal Finbold.
Safra Ada Catz – Oracle
She is ranked second with her earnings increasing by 999%.
Pat Gelsinger – Intel
Pat finished third with a bonus boost of 713.64%, which helped his earnings jump from $22 million to $179 million.
Tim Cook – Apple
The Apple CEO recorded a bonus increase of 571.63%, which boosted his income from $14.7 million to $98.7 million.
Andy Jassy – Amazon
Andy came in fifth on the list with a bonus increase of 491.9% helping him earn approx. $211.9 million.
Jensen Huang – Nvidia
Jensen saw his coffers fill with a bonus increase of 52.17%.
Mark Zuckerberg – Meta
He got a bonus upside of just 5.93% over the period.
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Among the CEOs of the biggest tech companies, Hastings saw its revenue drop 19.68% to $34.7 million.
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Sundar Pichai – Google
The CEO of Google and Alphabet is the other chief to have seen his income drop, and in his case, the drop is 14%.
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