The Money Uber’s New CEO Left Behind at Expedia
Photo Credit: Dara Khosrowshahi at the Skift Global Forum 2016 in New York City. Skift
Skift Take
Suddenly former Expedia CEO Dara Khosrowshahi walks away from substantial unvested compensation. Becoming CEO of Uber may have been a once in a lifetime opportunity for Khosrowshahi, but we expect that Uber had to compensate him for his treasure trove of unvested options to pry him away.
Like others, we can only speculate how much Uber is paying its new CEO. Looking at past salary, bonus, and stock compensation at Expedia helps shed light on what Dara Khosrowshahi may be looking at from Uber.
Khosrowshahi’s salary as Expedia CEO was $1 million per year for the past three years. Base salary would likely be comparable at Uber, but that is far less important than incentive compensation, including stock options. This would be the case for most CEOs at large companies, including Uber, which has a private valuation of nearly $70 billion.
What was left behind
The glaring number in the chart below is $90.8 million in options granted in 2015.
So
