WeWork disclosed on Thursday that Chief Executive Sandeep Mathrani’s total compensation for 2021 was nearly triple that of 2020 – boosted by more than $19 million in cash bonuses and stock awards.
In the company’s 2021 proxy statement, it was said that Mathrani’s total compensation last year was $21.31 million, including $1.50 million in salary, a $10.75 million cash incentive bonus and $8.72 million in stock awards.
This amount can be compared with his 2020 total compensation of $7.54 million, which included $1.28 million in salary, a $1.50 million cash bonus, no stock awards and $4.76 million worth of option awards.