EXECUTIVECOMPENSATION the CEOs of CVS Health, Target, and Walmart ranged from $24 million a year to $40 million a year. After considering the foregoing information and Mr. Clark’s past performance and expected future contributions, and to further support his commitmenttostrategic long-term planning, the Committee approved Mr. Clark’s additional promotion restricted stock unit award. Thevesting schedule of Mr. Clark’s restricted stock unit awards, including this and his previously granted awards, together withpotentialrealizablevaluesbasedontheclosingmarketpriceofourcommonstockonDecember31,2021($3,334.34), is shown below: $35M $33M r $29M a 4000 e Y 4000 $24M y b $22M g 4000 n i t s e 4000 V s e r a h 6696 6570 S 5830 $7M 4587 3166 2237 $2M 500 2021 2022 2023 2024 2025 2026 2027 New Grant • Mr. Selipsky received a new-hire restricted stock unit award for 24,909 shares, which vests from 2021 through 2026. He did not receive a new-hire cash bonus. The restricted stock unit award reflects Mr. Selipsky’s ability to step quickly and efficiently into the role of CEO AWS,havingworkedatAWSfor11yearsbeforeservingasapubliccompanyCEOatTableau Software from 2016 until rejoining Amazon. In making this grant, the Leadership Development and Compensation Committeereviewedrealizable compensation data for Mr. Selipsky over the term of the award under various stock price performance assumptions, and considered the highly competitive marketplace for senior executives of cloud services companies, as well as the compensation of similarly situated senior executives at other companies. For example, the SEC- reported compensation for the CEOs of Cisco, Microsoft, and Salesforce in 2020 ranged from $23 million a year to $44million, and realized compensation of those CEOs ranged from $29 million a year to $229 million. In this respect, the revenue and operating income of the AWS operations that Mr. Selipsky manages are significantly higher than those of many other S&P 500 Software and Services companies. 94
Amazon 2022 Proxy Statement Page 101 Page 103