Friday, 26 January, 2024

Snowflake CEO salary is $108 mn per month

<p>Cloud-computing company Snowflake reported the third-quarter revenue more than double from a year earlier, and its stock has surged 223% since its Sept 15 IPO. That makes CEO Frank Slootman one of the top-paid tech executives. Slootman&rsquo;s pay includes more than 13.7 mn options with a strike price of $8.88 and an annual base salary of $375,000. Once the full options package is paid out in early 2023, it would be worth about $5.2 bn based on the latest share price of $387.70.</p>