Qualcomm big cheese Cristiano Amon pay award jumps 10%
Briefly

Qualcomm CEO Cristian Amon saw a 10% increase in total compensation, reaching $25.91 million for fiscal 2024, with a stable base salary. Notably, his non-equity incentive plans surged, aligning with Qualcomm's impressive financial growth, including 9% revenue growth to $38.96 billion and 20% net income increase. Key contracts, like the one with Samsung, contributed to performance, and overall shareholder support remained strong, as evidenced by a 92% approval rating for executive pay. The widening pay gap with median employee compensation raises questions about equity in corporate pay structures.
Cristian Amon's total financial compensation for fiscal 2024 rose 10% to $25.91 million, with highlights in Qualcomm's growth and record financials.
Qualcomm reported a 9% revenue growth to $38.96 billion and a 20% increase in net income, highlighting robust financial performance under Amon's leadership.
Read at Theregister
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