Sundar PichaiSundar Pichai earned $164M in 2023
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Andrew W. Houston

Founder and CEO of Dropbox

Education

Massachusetts Institute of Technology

Field of Expertise

Technology & Engineering - Engineering

Born

March 4, 1983 - 42 years ago

Economy Sector

Technology

Current Tenure

17 years 9 months (Jun 2007 - Present)

Previous Experience

Co-Founder of Dropbox

Andrew W. Houston, co-founder and CEO of Dropbox, has led the company since its inception in 2007. Holding a degree in Electrical Engineering and Computer Science from MIT, he has a technical background that fuels innovation. Under his leadership, Dropbox...

Year

2023

Total Compensation

$1.53M

Salary

$625.00K

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and shareholder interests, while maintaining competitive compensation packages to attract and retain talent.

Bonus

$485.00K

Board Justification

The annual cash bonus payment for 2023 was based on performance metrics including revenue and operating margin, with a target bonus opportunity of $625,000, resulting in a payout of $485,000, which is 77.6% of the target.

Other

$423.58K

Board Justification

This includes the cost of security services provided to Mr. Houston in 2023.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023 as Mr. Houston did not receive any new equity grants due to his significant holdings from previous grants.

Performance Metrics

The performance metrics for determining Mr. Houston's compensation included annual revenue and non-GAAP operating margin.