During his time at SiriusPoint, Siddhartha Sankaran held significant stock options and shares which were affected by company performance and ownership transitions. Upon his departure in May 2022, he had about 787,460 restricted shares and 409,483 stock options that remained...
During his time at SiriusPoint, Siddhartha Sankaran held significant stock options and shares which were affected by company performance and ownership transitions. Upon his departure in May 2022, he had about 787,460 restricted shares and 409,483 stock options that remained exercisable for three years. This situation peaked with a substantial portion of his wealth tied to SiriusPoint's performance. After his resignation, he retained these stocks, with a vesting schedule set over the following two years. This strategic positioning reflects the weight of leadership on a company's financial performance and how an executive's wealth can fluctuate with corporate fortunes. Siddhartha's journey exemplifies the relationship between executive tenure and stock performance, showcasing the risks and rewards that come with high-stakes corporate leadership.