By Jill Goldsmith Twitter CEO Jack Dorsey earned $1.40 in 2019, flat from the year before (but up from zero in 2017) as the billionaire founder of the social media giant rolls out donations from the $1 billion he recently commited to coronavirus relief. “At his own recommendation to the compensation committee and consistent with his compensation in 2018, Mr.
Dorsey elected to forego any compensation for 2019 other than a base salary of $1.40,” Twitter said in an SEC filing Wednesday.
The filing said the buck forty “is a testament to his commitment to and belief in Twitter’s long-term value creation potential.” It’s not uncommon for tech’s richest to forgo paychecks.
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