Higher- paid ceos became apparent to the public and other chief executives , who suddenly felt. In this article, we’ll delve into the reasons behind why some ceos opt for a salary of only $ 1 and explore its advantages. · some well-know ceos have embraced this trend. · it’s a popular notion that savvy ceos can dodge taxes entirely by taking a $ 1 salary and receiving the rest of their compensation in stock options. · in the last few decades, a curious trend has emerged: · airbnb’s brian chesky and box’s aaron levie are among the ceos whose 2022 compensation was closest to the median employee salary at their companies. That’s about 93 cents after taxes or 4 cents in bi-weekly paychecks. · for each of these low -wage corporations, ips analyzed ceo and worker pay trends since 2019 and compared what these companies have spent on buying back their own stock with what they have invested in capital improvements over the past six years. While this strategy offers certain tax advantages, the reality is much more nuanced. · discover nine visionary ceos who prioritize their companies growth and values over hefty paychecks. A small but growing number of prominent ceos have reduced their cash salary to $1.
