SAN MATEO (CBS SF) – The highest paid executive in the country is the head of a Bay Area company, but it’s probably not the one you would expect.
Nick Woodman, founder and CEO of San Mateo-based camera maker GoPro, has been declared the highest paid executive in the Bloomberg Pay Index after receiving 4.5 million shares valued at $284.5 million. Woodman received the shares before the company went public last summer.READ MORE: With COVID Cases Rising, Masks Now Required Indoors Regardles of Vaccination Status In Bay Area
According to the financial news service, Woodman unseats Cheneire Energy CEO Charif Souki, who received $281 million in 2013.READ MORE: Elderly Man Fatally Stabbed In San Francisco SoMa District
Woodman was paid $800,000 in salary and a bonus of $1 million in 2013.MORE NEWS: COVID Surge: Brentwood School District Reports 18 New COVID-19 Cases
The 39-year-old has a net worth of $2.4 billion. According to Forbes, Woodman is the 276th richest person in the U.S. and 782nd richest in the world.