- Amazon -Reports reveal previous CEO payments
- The current CEO Andy Jassy’s Wage was $ 365,000 in 2024, Bezos’ was $ 81,840
- The average Amazon salary was $ 37,000 in 2024
Amazon paid more to Jeff Bezos than his current CEO Andy Jassy in 2024, but that doesn’t mean the founder had a higher salary to live by.
In fact, Jassy’s salary for about 4.5x more than Bezos’ – $ 365,000 compared to $ 81,840 – but where the two managers were different were in other permitted expenses and costs.
Bezos had been awarded $ 1.6 million in security costs in 2024, when the company defends high security expenses due to the former CEO’s low pay and business services.
Jeff Bezos continues to cost Amazon Millions
Amazon CEO Andy Jassy with CFO Brian Olsavsky, Amazon Stores CEO Douglas Herrington and Chief Global Affairs & Legal Officer David Zapolsky received $ 365,000 in salary, a figure unchanged from the previous year. AWS CEO Matt Garman received a slightly less $ 358,750 package.
Defending his decision to compensate Jassy another $ 1.2 million plus tens of thousands of other C-suite ex-executers, the company noted: “We believe that all business-upholstered security costs are reasonable and necessary and for the advantage of the company.”
“The annual total compensation of our median compensated employee (identified from all full-time and part-time and temporary employees around the world, excluding our CEO) was $ 37,181,” Amazon also noted.
Other topics covered by the annual meeting of the shareholders included the request for alternative emissions reporting, further reporting on the impact of data centers and climate obligations and a report on packaging materials.
The board voted against all three requests and noted existing transparency, compliance with protocols and guidelines and work already done.
Full information about the meeting can be found in Amazon’s notice of 2025 annual meeting of shareholders and proxy statements.
