Amazon CEO's Compensation Highlights

In a striking revelation, Amazon.com Inc. disclosed in its annual proxy statement that CEO Andy Jassy received a total compensation of $40.1 million in 2024. This represents a significant 37% increase from his 2023 earnings of $29.2 million.

Breaking Down the Compensation

Jassy's base salary remained steady at $365,000, unchanged from the previous year. Notably, Amazon stated, "The Leadership Development and Compensation Committee did not grant a restricted stock unit award for Mr. Jassy in 2024 and has not granted him an award since 2021."

The Role of Stock Performance

The tech giant attributed the rise in Jassy's 2024 realized compensation—comprising salary, other components, and the value of stock vested during the year—to Amazon's impressive stock price performance.