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Twitter CEO Jack Dorsey took just around 100 Rs salary in 2018

Twitter CEO Jack Dorsey took just around 100 Rs salary in 2018
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Highlights

  • Twitter CEO Jack Dorsey annual took home salary was just $1.40 in 2018
  • This was a pay rise after Dorsey rejected compensation and benefits for three years

Twitter CEO Jack Dorsey received a total salary of $ 1.40 in 2018, the social media company said Monday in a Securities and Exchange Commission.

According to the filing, Dorsey did not receive any other compensation or benefits from the company. He also allegedly rejected all compensations and benefits in 2015, 2016 and 2017.

A section of the filing read, "As a testament to his commitment to and belief in Twitter's long-term value creation potential, our CEO, Jack Dorsey, declined all compensation and benefits for 2015, 2016 and 2017, and in 2018 he declined all compensation and benefits other than a salary of $1.40."

However, Dorsey earned about $ 80 million in 2018 by selling 1.7 million shares of Square, according to Forbes, a mobile payments company of which he is also CEO.

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