Overpaid CEOs 2019

Re:Overpaid CEOs 2019 by thrwwyoverpaid on Friday February 22, 2019 @06:52PM (#19230321)

Upper management pay, oof. I am at a company that went public. I was a very early employee working on the core product as a developer for the better part of a decade. I got a very nice payout (a bit over 1 million before taxes). The head of HR joined several months prior to our IPO and made over 8x what I did in equity. Like, wtf.... I can't complain as I won some start up lotto money, but, man, this head of HR _really_ lucked the f*ck out.

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Re:Overpaid CEOs 2019 by rayvy on Friday February 22, 2019 @08:02PM (#19230819)

Any more details (that you're willing to share) on this? You mentioned they're only the "Head of HR", but you say you were a core product dev (senior by the timeline you give). Did you accept underpay because you were early? I'm having a hard time wrapping my head around an 8-month "Head of HR" making out significantly better than a (first 20?) Sr Product dev (not questioning your story though).

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Re:Overpaid CEOs 2019 by jonathankoren on Saturday February 23, 2019 @06:04AM (#19232732)

I'm thinking the number of options just weren't there.

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Re:Overpaid CEOs 2019 by mixmastamyk on Friday February 22, 2019 @08:20PM (#19230913)

Yes, what about vesting?

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Re:Overpaid CEOs 2019 by nopzor on Saturday February 23, 2019 @01:47AM (#19232084)

many companies have instant acceleration on change of control, with regard to the vesting point.

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Re:Overpaid CEOs 2019 by techslave on Saturday February 23, 2019 @02:33PM (#19235059)

never ever heard of this for IPO

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Re:Overpaid CEOs 2019 by munk-a on Monday February 25, 2019 @01:28PM (#19248033)

This is at least pretty common in Canada, options are set to vest on a schedule but all future agreed upon options will vest if the company is sold/goes public/what have you.

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