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Snowflake unveils $448 million pay plan for CEO tied to ambitious stock targets

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Snowflake unveils $448 million pay plan for CEO tied to ambitious stock targets

Snowflake unveiled a CEO compensation package worth up to about $448 million for Sridhar Ramaswamy. The plan is tied to Snowflake’s market value nearly doubling to $184 billion over seven years, implying continued performance expectations rather than an immediate earnings catalyst.

Analysis

Snowflake unveiled a CEO compensation package worth up to about $448 million for Sridhar Ramaswamy. The plan is tied to Snowflake’s market value nearly doubling to $184 billion over seven years, implying continued performance expectations rather than an immediate earnings catalyst.

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