US Advertising Company CEO Received Over 1 Trillion Won Salary Package Last Year... Ranked No.1 Among S&P 500 Companies

Jeff Green, CEO of The Trade Desk

[Asia Economy Reporter Jeong Hyunjin] Jeff Green, CEO of the American ad tech company The Trade Desk, received a compensation package worth $835 million (approximately 1.035 trillion KRW) last year, making him the highest-paid CEO among S&P 500 companies, Bloomberg reported on the 19th (local time).

According to the report, most of Green's compensation package consists of stock options that can be exercised in eight installments over the next 10 years, contingent on significant increases in the company's stock price. Bloomberg analyzed that the stock price must rise to five times its current level and other performance targets must be met for him to fully realize the options.

Green has already qualified for the first stock option exercise. By mid-January, the company's average stock price exceeded the first option target price of $90 for 30 consecutive trading days, securing rights to 2.4 million shares. However, since then, the stock price has fallen to around $66 as of this date.

The target stock price range required to qualify for the remaining seven stock option exercises ranges from a minimum of $115 to a maximum of $340. Including these, if all option conditions are met, Green could acquire new shares worth up to $5.2 billion, according to The Wall Street Journal (WSJ).

Green's compensation package includes a base salary of $965,000, a discretionary bonus of $1 million, cash incentives of $2.7 million, and $1.9 million in tax payments covered by the company.

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