Featured: What's Market: Technology Sector Founder-CEO Employment Agreements | Practical Law

Featured: What's Market: Technology Sector Founder-CEO Employment Agreements | Practical Law

Our What's Market comparison report compares the compensation of Evan Spiegel of Snap Inc., Jan Koum of WhatsAPP Inc. and Jack Dorsey of Square.

Featured: What's Market: Technology Sector Founder-CEO Employment Agreements

Practical Law Legal Update w-007-0658 (Approx. 2 pages)

Featured: What's Market: Technology Sector Founder-CEO Employment Agreements

by Practical Law Employee Benefits & Executive Compensation
Published on 21 Mar 2017USA (National/Federal)
Our What's Market comparison report compares the compensation of Evan Spiegel of Snap Inc., Jan Koum of WhatsAPP Inc. and Jack Dorsey of Square.
Snap Inc.'s co-founder, Evan Spiegel, is staying on as President and Chief Executive Officer following the company's $24 billion IPO. Having just benefited from the ballooning value of his equity stake and facing significant shareholder scrutiny as the head of a not-yet-profitable publicly traded company, Mr. Spiegel is taking a sizeable cut in base salary, from $500,000 to $1 per year. In this What's Market comparison report, see how Evan Spiegel's compensation compares to the compensation of Jan Koum of WhatsAPP Inc. and Jack Dorsey of Square, Inc.