GameStop CEO Ryan Cohen’s new compensation plan gives him 0 salary, 0 bonus, and no guaranteed stock awards.
His payout depends entirely on performance, and he only benefits if GameStop reaches a market cap above $100 billion and cumulative EBITDA of $10 billion.
The company was valued at about $1.3 billion in 2021 and is now around $9.3 billion, which shows how far those targets still are from its current level.
If both milestones are met, the stock option package could be worth as much as $35 billion, making it one of the more extreme performance-based pay structures in corporate leadership.
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