Andrew R. Jassy holds over 2 million shares of Amazon stock, valued in the hundreds of millions, showcasing his significant investment in the company he leads. His holdings are largely from a large stock award he received back in 2021,...
Andrew R. Jassy holds over 2 million shares of Amazon stock, valued in the hundreds of millions, showcasing his significant investment in the company he leads. His holdings are largely from a large stock award he received back in 2021, which is designed to vest over ten years with most of it timed to pay off between 2026 and 2031. This approach creates a unique incentive structure for Jassy; he needs Amazon's stock to succeed for his own wealth to grow. The stock’s market value has gone through ups and downs, and at one point, the value of Jassy’s shares dropped by more than half due to stock price fluctuations in 2022. Overall, his stake in Amazon strongly ties his financial well-being to the company's performance, pushing him to aim for sustainable success.