According to an article in today’s Wall Street Journal the total pay package for Dara Khosrowshahi, the CEO for Expedia is $93.6 million, this is nearly ten times his compensation just two years ago and makes him the highest paid CEO in the S&P 500.
Granted much of the compensation is due to stock options tied to Expedia’s stock price, but it still adds up to an astronomical sum. The bottom line is Expedia is making tremendous profits. In fact the stock price jumped 8% last Friday when last quarter’s better-than-expected profits were announced.
Granted much of the compensation is due to stock options tied to Expedia’s stock price, but it still adds up to an astronomical sum. The bottom line is Expedia is making tremendous profits. In fact the stock price jumped 8% last Friday when last quarter’s better-than-expected profits were announced.