"Nvidia's Special CEO Grant: Fueling Employee Wealth with Stock Boosts"

1 min read
Source: Yahoo Finance
"Nvidia's Special CEO Grant: Fueling Employee Wealth with Stock Boosts"
Photo: Yahoo Finance
TL;DR Summary

Despite missing out on cash bonuses for fiscal 2023 due to unmet financial goals, Nvidia executives, including CEO Jensen Huang, received substantial stock awards, with Huang's equity program worth nearly half a billion dollars. The company's strong stock performance and competitive compensation plan have helped retain talent, as employees see the potential for significant gains from their equity stakes. Nvidia's focus on equity-based compensation has made it difficult for outside firms to lure talent away, even amidst a red-hot market for AI talent.

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