NVIDIA Board of Directors Cuts CEO Jensen Huang’s Salary by 10% Due to Performance Targets Not Met

The Board of Directors of NVIDIA has decided to cut the salary of CEO Jensen Huang by 10%. Information about this is in the financial report.

This is due to the fact that the corporation did not meet the targets that were set by management for 2022. As a result, taking into account all bonuses and dividends, Huang will be able to earn no more than $21.3 million in 2023, while in the previous 12 months he was paid $23.7 million.

Despite this, Huang will still remain among the richest people in the world. At the time of publication of the material, his fortune totals $ 25.8 billion – this is the 57th place in the Forbes rating. At the same time, at the peak, he owned assets of $ 26.1 billion.