Amazon.com Inc. (NASDAQ: AMZN) chief executive and founder Jeff Bezos received $1.8 million in compensation last year, up 39 percent from 2008, according to Associated Press.
Bezos' compensation increased for the first time in several years as Bezos received $500,000 more for his personal security services.
According to a filing with the Securities and Exchange Commission, Bezos, 46, received a salary of $81,840, the same as in 2008.
Top Best Penny Stocks, a leading financial publication, is pleased to alert investors of stocks on the move. Sign up for our Free Stock Newsletter.
Bezos was also given other compensation valued at $1.7 million, which the online retailer said covers the cost of providing for his personal security. In 2008, Bezos received $1.2 million for the same purposes.
The CEO did not receive a bonus or any stock or option awards. Bezos, who owns about 21 percent of the company's common stock, has never taken stock-based compensation from Amazon.
During 2009, Amazon earned $902 million, or $2.04 per share, on $24.5 billion in revenue. A year earlier, the company earned $645 million, or $1.49 per share, on $19.2 billion in revenue.
Shares of Amazon more than doubled over the course of 2009.
The proxy statement filed with the SEC was required ahead of Amazon's annual shareholder meeting on May 25.
Sign up for Top Best Penny Stocks' free newsletter. To subscribe, enter your e-mail address into the frame at the bottom of this press release or visit our website.
Follow us on Twitter: http://www.Twitter.com/topbestps
About Us
Top Best Penny Stocks is a leading stock web site that allows investors and interested parties to research stocks that are on the move. We also track small cap companies that are on the brink of a financial breakout. To feature a company on our web site please contact us at the email listed below.
Please click here to read the full disclaimer.