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Here’s Why Roblox CEO’s Compensation Took A Radical Jump

Roblox Corp (NYSE:RBLX) founder and CEO David Baszucki’s compensation package jumped from $6.8 million in 2020 to $232.8 million in 2021.…
byAnusuya Lahiri
April 5, 2022
1 minute read
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  • Roblox Corp (NYSE:RBLX) founder and CEO David Baszucki’s compensation package jumped from $6.8 million in 2020 to $232.8 million in 2021.
  • The pay package included a long-term performance award for Baszucki, worth $232.2 million.
  • Baszucki will not get any other direct compensation through 2027.
  • Also Read: Here’s How Much Intel CEO Pat Gelsinger Earned Versus Average Worker Compensation In 2021, How Much Did Andy Jassy Make In His First Year As Amazon CEO?
  • He will receive the award in parts over the years only if Roblox shares achieve certain milestones.
  • The “Long-Term Performance Award” looks to retain top executives by tying their earnings to company performance. 
  • Roblox posted an 83% revenue growth but a wider-than-expected EPS loss of $(0.25) in Q4. 
  • Price Action: RBLX shares traded lower by 0.82% at $49.61 in the premarket on the last check Tuesday.
 
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