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News and Analysis News Economics Snap CEO Spiegel receives $638m in compensation for IPO year

Snap CEO Spiegel receives $638m in compensation for IPO year

By Alison Bloomer

16:34, 22 February 2018

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(Reuters) Snap Inc  Chief Executive Officer Evan Spiegel received $637.8m (£457.53m) as total compensation during 2017, the year the company went public, according to a security filing on Thursday.

The figure is based on stock-based awards worth $636.6m and salary and other compensation worth about $1.2m.

Imran Khan, Snapchat’s chief strategy officer hired from investment bank Credit Suisse Group AG in 2014, received total compensation of $100.6m in 2017. He earned $241,539 in 2016 and a $5.2m bonus.

 

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