Evolution VC Partner founder Gregg Smith provides insight into ‘smashing’ Big Tech earnings.
The man replacing founder Jeff Bezos as CEO of Amazon is set to receive a huge stock package when he takes the helm on Monday.
Andy Jassy will receive roughly $215 million worth of the e-tail giant's stock.
In a filing to the Securities and Exchange Commission earlier this week, Amazon reported that Jassy will receive 61,000 shares of the firm's common stock vested over 10 years upon becoming president and chief executive on July 5. At Friday's closing price of $3,510.98, that's $214,169,780.00 – not a shabby payday.