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https://www.wsj.com/articles/ceo-pay-packages-fell-sharply-in-2022-as-the-stock-market-sank-3d06eb69

CEO Pay Packages Fell Sharply in 2022, the First Decline in a Decade

Two-thirds of S&P 500 chief executives finished the year with less compensation than initially awarded; Elon Musk’s $10 billion hole

Clockwise from top: Alphabet’s Sundar Pichai, Apple’s Tim Cook, Occidental Petroleum’s Vicki Hollub, Tesla’s Elon Musk and Live Nation Entertainment’s Michael Rapino. Photo Illustration by Emil Lendof/The Wall Street Journal; Photos: Getty Images, Bloomberg News, AP
By Inti Pacheco

The stock awards that Elon Musk got for running Tesla lost nearly $10 billion in value last year. Stock declines erased $237 million in compensation for Expedia’s boss and roughly $149 million for Amazon.com Chief Executive Andy Jassy.

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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.