T-Mobile CEO’s total compensation is 920 percent higher than the industry average.
Last month, it was reported that T-Mobile’s CEO Mike Sievert was the 16th highest-paid CEO in the US in 2023 and if he was hoping for a raise this year, he might be in for disappointment.
T-Mobile will reportedly hold its Annual General Meeting on June 12 and any suggestions to raise Sievert’s salary are likely to be met with objections by shareholders.
T-Mobile CEO is (already) generously compensated for doing his job well
Granted, Sievert’s leadership has immensely benefited the company, even if its customers might not agree, with Earnings per share (EPS), which is a measure of profitability, rising by 50 percent in the past three years.
