In 2000, the Motion Picture Association of America (MPAA), the Recording Industry Association of America (RIAA), and the National Music Publishers Association(NMPA) brought a $250 billion lawsuit against Scour, alleging copyright infringement. Additionally, it paid $2 million to provide him with security; reimbursed him for $89,000 of commuting, relocation, and temporary housing costs; and gave him another $98,357 to pay the taxes on those reimbursements.Harford's pay package contained a similar mix of components. Uber CEO Dara Khosrowshahi's pay package has come under fire from a group of shareholders who are questioning why his sign-on deal potentially entitles him to $100 million while employees are facing layoffs in the wake of the Chinese virus pandemic.
Sign up for our Tech newsletter. Uber CEO Dara Khosrowshahi’s pay package has come under fire from a group of shareholders who are questioning why his sign-on deal potentially entitles him to $100 million while employees are facing layoffs in the wake of the Chinese virus pandemic.The objections came to light this week during Uber’s shareholder meeting when CtW Investment Group, an investment firm working with some of Uber’s shareholders, drew attention to the CEO’s compensation.CtW said in a statement: “Uber’s sign-on package doesn’t encourage long-term retention and has become increasingly untenable as the company’s workers struggle to make ends meet amid the COVID-19 outbreak.”Uber disclosed its plans to layoff 3,700 employees, or 14 percent of its workforce, in an SEC filing last week. Nelson Chai, Uber's chief financial officer, who took home a total pay package of $28 million, started in September. Uber CEO Dara Khosrowshahi agreed to waive his 2020 base salary after unveiling 3,700 jobs cuts at the ride-sharing group ahead of first quarter earnings Thursday.
Greg Sandoval/Business Insider The San Francisco-based company also said that CEO Khosrowshahi will forgo his base salary for the rest of the year. In 1998, Kalanick, along with Michael Todd and Vince Busam, dropped out of UCLA to help Dan Rodrigues found Scour Inc., a multimedia search engine, and Scour Exchange, a peer-to-peer file sharing service.
Salaries posted anonymously by Uber employees. The company paid $189,137 in security-related costs for him, reimbursed him for $40,236 worth of temporary-housing costs, and gave him another $31,347 to pay the taxes on that reimbursement.The ranks of Uber's top-compensated officers were skewed a bit by the fact that two of them worked for the company for only part of the year. By clicking ‘Sign up’, you agree to receive marketing emails from Business Insider CEO Dara Khosrowshahi's pay package was $45 million, but he wasn't Uber's top-paid executive.
A free inside look at Uber salary trends based on 11,513 salaries wages for 1,215 jobs at Uber.
Although Uber turned a profit for the year, that was largely because of the sale of some of its foreign assets to rivals.The disclosure of the massive pay packages comes amid Axel Springer, Insider Inc.'s parent company, is an investor in Uber. Uber has also instituted a hiring freeze, the company said in a regulatory filing on Wednesday, and CEO Dara Khosrowshahi will forgo his salary for the rest of the year.
Khosrowshahi had a base salary of $1 million in 2019.But like many corporate executives, Khosrowshahi could still receive compensation in other forms, including stock options and bonuses. Uber paid him $500,000 in salary and gave him a $1 million bonus.
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