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

Roblox Corp 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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