en.wikipedia.org/wiki/Andy_Jassy
2 corrections found
That year Jassy was paid $36.6 million.
Amazon’s 2018 proxy lists Jassy’s 2016 total compensation as $35,609,644, not $36.6 million.
Full reasoning
Amazon’s official proxy statement for 2018 includes the 2016 Summary Compensation Table for named executive officers. In that table, Andrew R. Jassy’s 2016 total compensation is listed as $35,609,644.
That rounds to about $35.6 million, not $36.6 million. So the article overstates his 2016 pay by roughly $1 million.
1 source
- Amazon.com, Inc. 2018 Proxy Statement (SEC DEF 14A)
Andrew R. Jassy ... 2016 ... Salary 175,000 ... Stock Awards 35,431,144 ... All Other Compensation 3,500 ... Total 35,609,644.
In April 2025, Amazon's proxy statement disclosed that Jassy received total compensation of $40.1 million in 2024.
Amazon’s 2025 proxy does not report $40.1 million as Jassy’s 2024 total compensation; its Summary Compensation Table lists $1,596,889.
Full reasoning
This sentence misstates what Amazon’s 2025 proxy says.
In the proxy’s 2024 Summary Compensation Table, Amazon reports Andrew R. Jassy’s 2024 total compensation as $1,596,889. The same proxy separately reports an SEC-defined metric called “Compensation Actually Paid” for 2024 as $92,371,410. So $40.1 million is not the proxy’s reported “total compensation” figure for Jassy in 2024.
In other words, the article attributes a number to the proxy statement that does not match the proxy’s own compensation tables.
1 source
- Amazon.com, Inc. 2025 Proxy Statement
2024 Summary Compensation Table ... Andrew R. Jassy ... 2024 $365,000 ... All Other Compensation $1,231,889 ... Total $1,596,889. ... Compensation Actually Paid $92,371,410.