What is the CEO Salary of YouTube?
YouTube, the world’s largest online video streaming platform and the fourth most visited website in 2020, has had a long and rewarding journey from its modest beginnings in February 2005. As the company has seen explosive growth and consistent profits each year, the question of what is the CEO salary of YouTube has signified the success of the platform.
Salary of Former CEO Susan Wojcicki
Susan Wojcicki served as the CEO of YouTube from 2014 to 2021. Reportedly her annual salary was $100 million. This huge payout, however, was largely covered by the stock options awarded to Ms. Wojcicki, who was an early entrant and employee at Google prior to YouTube’s launch.
Salary of Current CEO Rachel Whetstone
Rachel Whetstone is the current CEO of YouTube. Even though the exact details of her salary package have not been made public, she is believed to have received a compensation package of around $20 million for her service. Like her predecessor Ms. Wojcicki, her salary package is likely to be mostly composed of stock options and other perks associated with the position.
Success of YouTube
The success and popularity of YouTube is hard to ignore. Every day, more than 2 billion people visit and stream videos on the platform. In 2019, YouTube contributed 15 percent of Google’s parent company Alphabet’s revenues and its net income grew 15.0 percent to $15.1 billion. The salaries of the current and former CEOs certainly stand testament to the success of the platform.
What Determines CEO Salary?
The salary of a CEO is determined by multiple factors, including the size of the company, its revenue, profits, and stock performance. It also takes into account the CEO’s experience and past work, as well as the market rate for executives in similar roles.
The CEO salary of YouTube is a testament to the success of the platform. The salaries of former CEO Susan Wojcicki and current CEO Rachel Whetstone are reported to have been around $100 million and $20 million respectively. The salary of a CEO is determined by multiple factors including the size of the company, its revenue, profits, and stock performance.
To sum up, the CEO of YouTube is among the highest paid executives in the world.
5. What salary range is the CEO of YouTube typically offered?
The CEO of YouTube typically receives between $200 and $300 million in total compensation annually.
1. How much does the CEO of YouTube make annually?
According to reports from The New York Times, YouTube CEO Susan Wojcicki makes an annual salary of $70 million per year.
3. What incentives and stock options is the CEO of YouTube entitled to?
YouTube CEO Susan Wojcicki is eligible for an annual performance bonus of up to double her base salary, stock grants, a restricted stock unit award program, and performance-based vesting of her restricted stock units. In addition, she may receive other compensation, including grants and awards of equity, options, and cash, for the performance and retention of key employees.
2. How does the salary of YouTube’s CEO compare to other tech company’s CEOs?
YouTube’s CEO, Susan Wojcicki, had an estimated salary of $50 million in 2018, making her one of the highest paid CEOs in the technology industry. According to Bloomberg, her salary was double that of the CEOs of Apple and Microsoft. In comparison, Mark Zuckerberg of Facebook had an estimated salary of $1, while Larry Page and Sergey Brin of Alphabet had estimated annual salaries of $1 and $1.2 million respectively.