
Blackstone CEO Steve Schwarzman's compensation for the last year has sparked discussions due to its magnitude despite a significant drop from the previous year. Schwarzman took home $896.7 million in 2023, marking a 30% decrease from his earnings a year earlier. This pay includes his salary, bonuses, and dividends. The discussion around his compensation comes against the backdrop of the company's 19-year history without turning a profit, raising questions about the correlation between executive pay and company performance.
Sources
The Globe and MailBlackstone CEO received $896.7-million in pay, dividends in 2023 https://t.co/Vwv7CwV1gJ
Reuters BusinessBlackstone CEO Schwarzman received $896.7 mln in pay, dividends in 2023 https://t.co/BGeFzAbeZU https://t.co/TgqbNMt3aY
Financial TimesStephen Schwarzman’s income at Blackstone falls 30% to below $1bn https://t.co/O9c1TESgTv
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