Did anybody lose harder than GoPro's CEO in 2015?

blackzeus

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GoPro's Woodman, Formerly Best Paid CEO, Got $805,217 in '15

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Nick Woodman, founder and chief executive officer of GoPro Inc.


Photographer: David Paul Morris/Bloomberg
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Nick Woodman, the founder of GoPro Inc., made $805,217 last year, a sharp decline from the $287.2 million he was awarded in 2014.

Almost all of Woodman’s 2015 compensation at the camera-maker was in salary, $89 was for corporate merchandise. The former billionaire topped the 2014 Bloomberg Pay Index thanks to an award of 4.5 million restricted shares. The value of his pay collapsed to $65.7 million at Friday’s close as GoPro shares have plummeted 78 percent since its 2014 fiscal year end, when the index valued the stock award.

The company’s first-quarter sales are estimated to plunge 53 percent to $169.1 million from a year earlier, according to the average of analysts’ estimates, amid slumping demand for GoPro’s action cameras, Jitendra Waral, a senior analyst at Bloomberg Intelligence, said in a report.


Jeff Brown, a spokesman for San Mateo, California-based GoPro, declined to comment. Woodman is the chairman and chief executive officer of GoPro.

Before it's here, it's on the Bloomberg Terminal.

Go from a billionaire to a "millionaire" in less than a year brehs :to: My man should have cashed out and invested in a real company like Samsung :heh: Let that be a lesson to all you hustlers, never have your eggs all in one basket.
 

blackzeus

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How is this a loss if he already had millions sitting in the bank tho?! :heh:

Millions in stock options breh, that's why he went from being worth a few billion to being worth a few million in less than a year :wow:
 

ORDER_66

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Millions in stock options breh, that's why he went from being worth a few billion to being worth a few million in less than a year :wow:

Should have sold those shares off the minute stock was going south... :heh:
 

blackzeus

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It doesn't exactly scream confidence in your company when CEO sells off all his stock.

And losing a few billion does? :laff: I would have transferred all those stocks to an untraceable shell corp, and liquidated 5% every month. :mjpls: At least I'd still have a few hundred million in my name. Now I got software engineer money, there's janitors out there with more money in their 401K than me :mjcry:
 
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