ceo

“I have created more billionaires in my management team than any other CEO in the world”

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Jensen Huang is In the epicenter of one of the industries with the greatest Growth potential in which some are managed dizzy investment figures. That flow of money, also permeates higher wages, especially in those strategic positions such as It has shown well Mark Zuckerberg with his last rounds of signing of talent. Within the framework of a round of interviews with AI as a central axis, the CEO of Nvidia has presumed how well paid its closest collaborators. So Huang does not fear that his competition comes to steal his best talent. “They are very good. You don’t have to feel sorry for anyone in my management team,” Huang said. The Nvidia billionaire club. In a thematic days about organized AI by all-in podcastJensen Huang answered a question of moderators about the recent signings and millionaire hiring between AI specialists: “I have created more billionaires in my management team than any other executive director of the world.” Under the stock market results From the company, this statement is absolutely true since a good part of the remuneration of Nvidia’s responsibility positions have a package of actions linked to their position, and the rest of the company’s employees can take advantage of the Share purchase plan for employees (ESPP for the acronym in English of Employee Stock Purchase Plan). Through these plans, much of its template has become a millionaire. Working in the most profitable company has advantages. The price of Nvidia’s shares have not stopped growing in recent years, so any employee who had invested a minimum initial capital, would have increased substantially. According to published data by Fortunesince 2019, the company has increased 3,776% in the price of its shares, with a 170% rise in the last year. With a heritage valued at about 151,000 million dollars, Huang has made Nvid Become Millionaires. Small and well paid teams. Nvidia is one of the companies with Greater profitability by employee. That is, it is able to generate huge benefits with a relatively reduced template. Huang ensures that this is the formula for success in AI investigation. “Some 150 researchers in AI, with sufficient financing, can probably create an OpenAi. There is something elegant in small teams,” said the CEO of Nvidia. Huang said that this approach not only maximizes the performance of the teams, but also facilitates to make its “extraordinarily rich” members if they reach the expected success, putting as an example the OpenAI researchers or to the development team of Deepseek. Nothing moves in Nvidia without knowing Huang. Another feature of Huang’s leadership is that CEO knows everything that happens in your company thanks to a peculiar system Email -based that allows him to be aware of what he does or worries to the last employee of the company. This proximity allows Huang to affirm that it personally supervises “the compensation of all employees until today … and always increases the company’s expense on operational expenses.” According to Huang, there is a reason for weight to take care of your employees, “if you take care of people, everything else takes care of themselves.” The CEO has declared a joke: “Yes, I carry Stock Options In the pocket right now. “ Nvidia’s “gold wives”. However, these economic incentives of Nvidia are associated with a Extreme labor demandwhich implies eternal days seven days a week. Despite this intensity, Nvidia has registered a personnel rotation index below the average of its peers. According to his 2024 sustainability reportin that year it was only 2.7%, compared to the 17.7% that the semiconductor industry records on average. Bloomberg defined This phenomenon has been described as “gold wives” for those employees and managers who access these actions packages. In Xataka | Jensen Huang hates individual meetings with his team. There is only one exception: “If you ask me, I will leave everything” Image |Nvidia

The Xiaomi CEO came out in a video showing a new product and sold out in minutes. It was a cat carrier

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To exhaust products in minutes is something that Xiaomi has enough experience. More than a decade ago already They got it with their mobiles And currently your star product are cars; They recently sold 200,000 units of Xiaomi Yu7 in three minutes. The last product that have exhausted just put it on sale has not been technological, but something much simpler: a cat carrier. Exhausted. They tell it in Following The Yuan. After the publication of A video in which we see Lei Jun showing the cat bagThe brand had to hang the exhausted poster in just a few minutes. The bag-transport cost only 199 yuan, which to the current exchange is about 23 euros, and was put on sale as an accessory for the company’s SUV, the company, the Xiaomi Yu7. Designed by cat owners. In the video, Lei Jun tells that the transport has been designed in collaboration with brand employees who have cats. It emphasizes that it has a spacious interior, ventilation grilles on both sides and a transparent window at the top. It also has a pocket on the side. The truth is that, although the design seems very careful, it has nothing super -revolutionary, it is a fairly normal cloth transport. It doesn’t matter, that has not prevented them from running out. For the car. As we said, Xiaomi has promoted this new cat bag as an accessory for Xiaomi Yu7. The car has the possibility of activating a “pet mode” which consists in the installation of a camera in the rearview mirror that allows us to control pets and also has a speaker so that we can talk to them. In addition, by activating this mode the air conditioning continues to work so that they do not pass heat (or cold, it depends). It is not the only brand that offers something like that, others like Tesla either Mercedes They also have it. Pets like target. We have more and more pets and also They occupy a more privileged position in families. China does not get rid. To the current rhythm, it is expected that by the end of the decade Pets exceed children under 4 years. Given this, more and more technological companies that enter the growing segment of pets. Xiaomi launched The connected feeder and source that we already analyzed in Xataka And we have seen other connected products such as this curious Cat quantifying bracelet. Image | Douyin / Amparo Babyloni In Xataka | Communicating with our cats has always been a complex task. A study has discovered the key: flashing

The 22 -year CEO of a Tech company that demands 80 hours a week to its workers

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In Silicon Valley, a new generation of technological entrepreneurs He is turning his back to the traditional workday of 40 hours. A case that has generated a heated debate is that of Daksh Gupta, founder and CEO of the STARTUP GREPTILwho has implemented an extreme day model that has raised a large dust in the Reddit threads. Gupta, only 22 years old, considers that working 80 hours per week is not only not excessive, but is necessary to survive in the current technology industry. An extreme workday. Daksh Gupta published in late 2024 in Your X profile That his company did not offer any type of conciliation between working and personal life, literally affirming: “Greptile does not offer balance between working and personal life.” As he said in that same message, the days in his company begin at 9:00 and end at 23:00 or even later. “We also work on Saturdays and sometimes on Sundays. I emphasize that the environment is very stressful and that poor work is not tolerated,” the CEO added without ambiguity. The work culture defended by Gupta shows An important change Among the managers and founders of Silicon Valley, who are erasing the boundaries between working and personal life. What was traditionally understood as labor exploitation, some see it now as An extreme form of commitment professional. In the case of Greptile, this commitment can mean days of 14 hours from Monday to Sunday. Competition as justification. In one Interview with Inc.comGupta argues that this time demand responds to the reality of technological startups. The CEO declared that “this is an extremely competitive space. Nobody cares about the third best company, not even the second best, in any software category. If you are going to strive 95%, it is the equivalent of striving to 0%.” His position generated an intense debate on networks and, as confirmed in Your X profilehe received numerous criticisms and even death threats for applying this policy. Gupta, however, insists that changing his work form would mean a competitive disadvantage that cannot be allowed. “We face very intense competition,” he said to justify the sacrifices required by his employees. Silicon Valley and the culture of hyperproductivity. What for many may seem an unsustainable work excess, in Silicon Valley begins to become a norm, such and as they publish in The confidential. The so -called “new culture of effort” to which Daksh Gupta gave visibility, is referring to figures such as Elon Musk, who has publicly defended The extreme days. “No one has changed the world working 40 hours a week,” said the millionaire CEO of Tesla in one of Your messages in x. At the same time, Tesla’s own investors They asked the tycoon Dedicate at least 40 hours a week to do your job as the CEO of the electric car manufacturer. Another outstanding name of this new culture of the eternal working days is Serguéi Brin, co -founder of Google, which also asked his employees a minimum of 60 working hours per week. The era of offices with ping-pong tables And free food has given way to marathon days where, literally, workers are expected to live for the company. As I said Reid Hoffman, founder of LinkedIn, work from 9 to 5 as we know it, is in danger of extinction. AI was going to end the eternal days. Beyond the regression in labor rights imposed on Silicon Valley, the most ironic thing is that these proposals for extreme days arrive precisely those companies that are developing AI models that promise reduce workload of workers. No less ironic it turns out that companies like Microsoft or Google ensure that between 25 and 30% of its code is already generated with AI agents, and at the same time they have hardened performance demands and commitment to carry out longer days, under the Shadow of mass layoffs. In Xataka | Lucy Guo, co -founder of Scale Ai, bets everything at 996: “If you want to leave at 5 you are not at the right work” Image | Unspash (Aluminum dissemboweler3000)

The Starbucks CEO wants everyone to work to the office. It is easy for him because he can go in private jet

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Back to Starbucks. That is the name that Brian Niccol, the current of CEO of the popular coffee shop chain, put To the plan to revitalize the company. It is an ambitious plan and that, among other things, has meant a change of course as far as teleworking is concerned. Since 2023, Starbucks workers have maintained a hybrid format Three days in the office, two at home. That will end because, soon, will be four mandatory days. It is a novelty that is seen very differently when you go to the office in private Jet, of course. Let’s start at the beginning. Of coffee tacos. Niccol was CEO of Taco Bell until 2018. The headquarters of this company is in Irvine, California, 15 minutes by car from Niccol’s house in Newport Beach. In 2018 he left Taco Bell to exercise as CEO in Chipotle, whose headquarters was in Denver, 1,600 kilometers from his residence. Three months after assuming the position, Chipotle changed its headquarters to Newport Beach affecting 400 people in the process. In 2024, and after revitalizing Chipotle, Niccol assumed the CEO of Starbucks With conditions that did not go unnoticed. Elon Musk vs Jeff Bezos: The Galaxies War Brian Niccol | Image: Starbucks To the ophi yes, but I don’t move. The Starbucks headquarters and therefore the workplace of its CEO is in Seattle (Washington). As a company employee, he also applied the policy of going at least three days to the office. The distance that separates the headquarters from your home is 1,600 kilometers, but that is no problem because The offer contemplated that “you will not be asked to move to the headquarters of the company”. So… It will not go by car, clearly. They are about 19 hours of journey, According to Google Mapsbut fortunately the job offer established that Niccol could dispose of the company’s private jet for “business -related trips according to the company’s travel policy, travel between its city of residence and the headquarters of the company in Seattle, Washington and its personal trips according to the company’s policies, up to a maximum amount of $ 250,000 a year.” Image | Starbucks Three four days. Now that we know the context, we will surely see in another way The letter that the CEO has recently published. In this text, Niccol explains that from next fiscal year employees will have to go to the office four days instead of three. Specifically, from Monday to Thursday. At the moment, this dynamic will affect the regional offices of North America, the Toronto support centers and, of course, the headquarters in Seattle. If you are a boss, to the office. In February, Starbucks asked the VP level team and managers who worked in Seattle and Toronto. Now that requirement will also apply to support centers, whose leaders will also have to move to these cities. And all this why? According to Niccol, the reason to reestablish this office culture is that “we work better when we are together. We share ideas more effectively, we solve difficult problems creatively and move much faster.” Between lines can be read that an increase in productivity is sought. The CEO affirms that it understands that not everyone will agree with this measure, “but as a company based on the human connection, and given the magnitude of the change we have ahead, we believe that this is the right path for Starbucks.” So clear it has that the future goes through the office that, in its own words: “If you decide to leave Starbucks for any reason, we respect it. To support those who decide to” leave “, we are offering a unique voluntary output program with a cash payment for the partners who make this decision.” Two rhythms. This is not a problem for Niccol (to which this policy should also be applied). Has All the company’s resources at your disposal To travel and, according to a company spokesman, a house has been bought in Seattle. This already shows that The return to the office is made at two speeds: that of employees, which can be forced to move to a more expensive city, give up promotions or even leave the company; and that of the senior executives, who can afford to travel in a private jet or buy a house in the city that proceeds. Cover image | Tr In Xataka | Starbucks made a very strong bet in China to continue growing. Tariffs threaten to take it ahead

Nothing’s CEO wants to conquer the mobile market with crazy designs. He has told us his very complex plan to achieve it

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Carl Pei is one of the CEO that gives off the most in the technology industry. You saw a cowboy and basic shirt, they warn me that it is shy and, after a few minutes of interview, we end up smiling, commenting that “the vibes” are the future, and remembering the old days of Cyanogenmod out of formalities. Those who have been in El Cotarro to know Carl from that Old OnePlus who only sold his phones by invitation. With Nothing, the approach is different. A London company with the focus on design and with a clear slogan: “Make Tech Fun Again”. Looking up Nothing began with a Phone (1) that attacked the mid -range. He continued with a Phone (2) that took a specifications and, in 2025, attacks the market with a mobile of 799 euros with a high range. I can’t help wanting to know why. Carl explains that for Nothing, both the Phone (1) like him Phone (2) They were flagships. It sounds like a statement Marketinianbut it is not: “For a company, a flagship is the best mobile you can do.” For the first time, they believe they are at an engineering point in which they can compete with the best in the market, a point where they are finally ready. Sailing a high range is risky, and throwing it being oriented to a concrete niche, it is even more. Nothing is not in volume, it is not desperate to launch product and points directly to “the most creative users.” All this sounds very good, but it is worth asking if A company can be profitable and sustainable living as “creative users”. “We are focused on new generations of consumption. We focus on people who are interested in technology, design and creativity. Our consumer is much younger than the average consumer, it is around 26 years.” Does the strategy work? Yes. Carl tells me that they have folded the volume of business, exceeding one billion dollars in the accumulated sales. He knows that they have been focusing on software for years, but they intend to double software investment to be even more attractive. They also have an important investment behind, in which investors take a direct role in the decisions made by the company. “Sometimes it is uncomfortable, because they give their opinion in front of the rest of the members of our table. But I think it is really important to find ways to keep us connected with this base, especially when the company grows. It is difficult to hear uncomfortable truths when you have that type of structure, we always know what people want us.” The present Carl Pei during the presentation of Nothing Phone (3) and the Nothing Earphone (1). Image | Xataka With Nothing Phone (3) comes the whopping seven years of security updates and five software. Maybe it’s time for Get out of stopping a mobile per year if mobiles are getting older and more. Or maybe not. “On average, people renew phone every three years. So there will always be someone thinking about the following. But we are also seeing a trend of people who want to keep their device for a longer time. That is why we want to give even longer support.” The phone also lands with an integration of quite discreet. Essential Search Essential Space Minor translation functions Is enough to compete, taking into account that There are already those who integrate the AI Even in the most basic apps of the system (telephone, keyboard, camera …)? Carl is clear that Nothing’s approach is cautious, because they see “a lot of hype” in the market. It drops that, even if they have launched these functions, “the Roadmap is long, there will be updates and updates.” But, beyond promising that in the future AI will be more complete, it is not afraid to admit that it agrees. “This is almost like a hygiene factor, right? We have to take care of that basic part, but that is not what excites us most. What really excites us is how we apply this new technology to redefine the way people use products, especially in the software part. But yes, that basic work is necessary. You have to do it. The market is doing it and I think we can do much more.” Image | Xataka To close the block, I ask Carl for something practically inevitable: How are geopolitical tensions between the United States and China livingand if your supply chain is being affected. The Nothing Phone box (3) shows a clear “Made in China”, so there is nothing to hide. Here he tells us that most of their products are manufactured in India, and some of them in China. Apart from this, he affirms that they are in the process to start producing in other parts of the world. It does not seem too worried, and the reason is simple. “Being a startup, we can be quite agile and reagents, whatever happens.” The future of smartphone Nothing Phone (3). Image | Xataka A question that I like to ask the main responsible for Tech companies is how they look in the future. And being, honest, the answers are usually little concrete. It is something completely normal: neither should get wet with compromised statements or, really, it is easy to predict with where today’s technology is going. But Carl is a Jugónand it is clear that the future of the smartphone goes through a single app capable of controlling everything. That agriculture that we have spent so much speaking throughout 2025. The key is that, When everything is … what will be the reason to decide between one device or another? It clarifies that it is still distant, and that no one would buy a phone without apps today. The key will be on the path that is to achieve it, a path to combine and melt all software and hardware. “I think Essential Search is a good example. … Read more

The Telegram CEO believes that it has 100 “children.” And it will distribute its 13,000 million dollars among them

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What does it mean to be someone’s son? If you ask Pavel Durov, the Telegram CEOThe answer is not only limited to the six “officers” children he has with three different women. In fact, it includes more than 100 people around the world. “How is it possible that a man who has never married and prefers to live only has so many children?” Hardov He asked rhetorically in his Telegram channel in 2024. 25 Telegram tricks to make the most The answer is simple: by sperm donation. During the last 15 years, Durav has frequently donated sperm, convinced that it was his “civic responsibility.” However, unlike many, Durov considers that all children conceived through their sperm are theirs, even if they are not present in their lives or know who they are. The latter is important since according to Durav, all their children have the same rights. An inheritance issue. Durov shared his opinion about the family in an interview with LE POINTwhere he comments that his will recently finished. From there comes the importance of how many children does the Telegram chief have, whose estimated fortune is around the € 13,000 million. “I want to emphasize that I do not make distinctions between my children who were conceived naturally and those who were conceived through donations of my sperm,” said Durov. “Everyone is my children and everyone will have the same rights.” A donation. That Durov have more children than a football team It is no surprise. Himself He told it in 2024explaining that it all started 15 years ago when a friend of his asked for a sperm donation. “I was leaving my ass before realizing that my friend said it seriously,” said Durov. The friend and his wife had fertility problems and needed help to form a family. Durov agreed, but the story did not end there. More than 100 children. “They just told me that I have more than 100 biological children,” he said in a post on his telegram channel last summer. “(When I made my first donation) the clinic head told me that there was a shortage of high quality donations and that it was my civic responsibility to donate more sperm anonymously to help other couples.” According to Dorav, his donations over the years have helped more than 100 couples in 12 countries. He added that at least one clinic still has its frozen sperm and available as anonymous donation. Pavel Durov (left) and Jakob Burda in 2016. The children: an obsession of the billionaires. Certainly, Dorav’s dedication to help others have children is not unusual among millionaires. In recent years, people like Elon MuskMarc Andresen or Peter Thiel have dedicated themselves to sounding the alarm on the “risk” of the low birth rate to humanity. The Tesla CEO has classified the low birth rate as the “most important humanity risk of today.” In fact, on a personal level, Musk seems to be committed to the idea to have all the children I can. The billionaire currently has at least 14 children of 4 different womenalthough there is the possibility of having more. Andresen, on the other hand, has declared that the planet suffers from a “Dramatic depopulation.” States that in an ideal future, the Earth will house 50,000 million (there are currently 8.2 billion). And what about poverty? According to Andresen, the markets will be responsible for financing social welfare programs. Although Durov is not as vocal on the subject as Musk and Andresen, it is clear that he takes it seriously. In fact, last year, paid fertility treatmentwhich is around $ 5,000, women who agreed to use their sperm in Russia. Distributing the inheritance. So what happens to that inheritance of € 13,000 million? I’m sorry to tell you that, although your parents suddenly say that Telegram’s CEO did have a role at your birth, you will have to wait a long time before seeing a cent of their money. Specifically, three decades from this year. “I want my children to live as normal people, who are worth them, to learn to trust themselves, that they can create something for themselves,” said Durov. “I don’t want them to depend on a bank account.” How can I know if I am a son of Durav? After all, the tycoon made sperm donations anonymously. Well, don’t worry: Dad Durov has thought of everything. “I plan to put my DNA in Open Source so that my biological children can find themselves more easily,” said Durov in 2024. “Of course there are risks, but I do not regret having been a donor.” Images | Techcrunch | Hubert Burda Media In Xataka | Change WhatsApp and Telegram for a European alternative: how to do it and what you should take into account

No one understands why the former Google CEO has bought a rocket company. He says it: Datacenters in space

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If the New Space is full of something, it is from Billonario Technological CEOS, but what Eric Schmidt Shopping Relativity Space He caught the sector by surprise. He has offered an explanation. Context. Whatever it was Google CEO for a decade He surprised the space sector two months ago acquiring a majority participation in the Relativity Space rocket company. The Californian startup has never reached orbit, but made a test launch of a 3D printed rocket, Terran 1, and It is developing a partially reusable commercial rocketTerran R. After the acquisition of the company, Eric Schmidt assumed the role of CEO, a position he did not occupy since he left the Mountain View giant in 2011. Data centers in space. Eric Schmidt is obsessed with the amount of energy and computing capacity that will need to move artificial intelligence. It was the journalist Eric Berger, from Ars Technicawho joined the points. The idea of ​​displaying data centers in space, feeding them with solar energy and keeping them cold without using water “probably explain why Schmidt bought relativity space,” Berger commented on X. The next day, Eric Schmidt responded with a monosyllable: “Yeah.” The unprecedented scale of AI. In an appearance before the Energy and Commerce Committee of the United States Congress, Schmidt put some figures on the table: “10 gigaw data centers are being raised, when an average nuclear power plant in the United States generates 1 Gigavatio. One of the estimates that I think is most likely that data centers will require 29 additional energy gigawatts by 2027, and 67 more gigawatts for 2030. These things are industrial to a scale that I have never seen in my life.” The money is in the datacenters. Since no country is prepared for such an energy escalation, Schmidt has in mind to get the databases from the Earth. Although incredibly ambitious and challenging, the hypothetical space data centers could make sense if energy is a bottleneck on earth. With reusable rockets to launch satellite constellations, photovoltaic solar energy always available for part of the constellation and dissipation of heat in the emptiness of the space, they could even be profitable or safer than the Earth Data Centers. But everything is about to demonstrate, from cheap throws to heat dissipation. What state is Relatity Space. The reality is that far from competitors such as Spacex, although it is a much younger company. He had bet in full for 3D printed rockets, but removed Terran 1 after his debut flight, in which he could not reach orbit. Terran R is designed to be a direct competitor of Falcon 9, with the capacity to launch 33.5 tons to the low terrestrial orbit in disposable mode and 23.5 tons with a first reusable stage. Although its development has been erratic, capital injection and leadership of Schmidt, whose fortune is estimated at 20,000 million dollars, could revitalize the project and bring it closer to a first launch planned by the end of 2026. Image | Relativity Space, Leweb In Xataka | The space race is becoming a multi-million dollar competition: the last to enter is Google’s ex-cement

The Klarna CEO dismissed 700 employees to replace them with AI. Now he has replaced himself … with an avatar

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In 2022, the European technological giant Klarna (one of the main actors in the world of digital payments), He fired 700 workers To replace them with a chatbot. According to the company, in just one month implementing it, they concluded that the chatbot was able to cover two thirds of the company’s customer service chats. “He is doing the job equivalent to 700 full -time agents,” they said. Now, the company flirts again with AI to replace … to its CEO. I’m not me, it’s an avatar. Klarna has presented Your results report of the first 2025 quarter regardless of its CEO. Or, rather, using a virtual CEO. The video begins with full transparency: “It is me, or rather, my artificial intelligence avatar.” Siemiatkowski is still CEO of Klarna, but the company wanted to show its commitment to the AI ​​replacing it for the presentation of results. Avatar ia. We recommend watching the video since the avatar, Far from being one -style Facebookhe is realistic to not being able. Only the imperfect audio synchronization and the absence of natural flickering can make us suspect that we are not facing a real person. For the rest, it is an avatar that could strain perfectly. A strong bet on AI … The company was clear that customer service services could be provided through the integration of a chatbot. Klarna said at the time of dismissals that “he is on par of human agents in terms of customer satisfaction score”, and that “it is more precise in tasks.” Some service users such as Gergely Oroszcreator of the Newsletter The Pragmatic EngineerThey thought the opposite, pointing out that the chatbot did not do much beyond reciting documents. The most curious? When the chatbot was not able to find an answer, the solution it gave was to speak with a human assistant in case of problems. Klarna is marking the guideline in the practical deployment of AI, and the benefits quickly accumulate. Since 2022, Klarna has rationalized its workforce by approximately 40 %, while increasing the percentage of technological employees of 36 % in 2022 to 52 % in the first quarter of 2025. 96 % of employees use AI daily, which has contributed to a 152 % increase in revenues per employee from the first quarter of 2013 and has put Klarna on the way employee income. AI is reducing costs throughout the company, especially in customer service, where transaction costs have been reduced by 40% since the first quarter of 2013, while maintaining customer satisfaction levels. … in which humans are necessary. In February 2025 Sebastian Siemiatkowski, CEO of the company, He admitted that AI will never be as valuable as human talent. He acknowledged that the bot was faster responding, but that it was limited to “offering fragments of documentation”, without a real understanding of the text. He announced thus through X that they would start working so that the company was the best offering real “people” to talk to. In other words: what They would begin to recover and reactivate the hiring of personnel which was once replaced by a chatbot. They are not alone. Just a few weeks ago, IBM explained that they were in the process of contracting workers, after having fired 8,000 to replace them with the. It is a somewhat more particular case, since IBM automated 94% of human resources related to human resources, With positions that will not cover again. With the savings in costs that this meant, they are reinforcing the hiring in positions related to programming and sales. There are companies guaranteeing that replacements for AI are a correct decisionothers that end up reculating and evidencing on LinkedIn that it was not a good ideaand managers fearing that be replaced in the short term. Image | Klarna In Xataka | At the moment, AI is not removing work for people. Its development is leaving a reguero of dismissals

The best paid CEO in the US is not in Apple or Tesla. It is a complete stranger of a company that you had not heard

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When we think of the CEOs Better paid on the planet Surely we repeat a small group of people at the controls of some of the great technological corporations that dominate the present. We would not be unchanged in figures such as Tim Cook, Satya Nadella or Mark Zuckerberg, but none of them approaches the emoluments received by the Jafazo best paid in the United States. The curious thing about this story is that you have not heard in your life or the CEO, nor the company it directs. A complete stranger at the top. In an environment, that of the great corporations, dominated by omnipresent names such as Tim Cook, Elon Musk or Jensen Huang, the title of the best paid CEO of 2024 did not fell in any of them, but in an executive practically unknown to the general public: James Anderson. As? Yes, the man is in charge of COHERENTa technological company based in Saxonburg, Pennsylvania, dedicated to the manufacture of network and laser systems. Anderson received a total remuneration of 101.5 million dollarssurpassing by a wide margin to figures such as Brian Niccol de Starbucks or Satya Nadella de Microsoft. Its impressive salary package positions it as the only CEO of the Ranking of Equila (which analyzed the 100 companies with income greater than one billion dollars) to exceed the barrier of the nine digits in compensation, in a year in which the average salary of an CEO reached a record of 25.6 million dollars. The stock market effect and a distortion. Although Anderson has a base salary of little more than one millionits incorporation to Coherent in June 2024 made its remuneration in cash be limited to only $ 81,538, along with a signature bonus of half a million. The rest, 99.4% of its emoluments, came from a Actions package whose value was shot unexpectedly. The reason: the enthusiasm of the market after the announcement of its appointment catapulted the price of coherent shares, thus generating an inflationary effect on the value of its shareholding concessions. The company, in Your proxy reporteven recognized this paradox: the actions were valued using a 30 -day mobile average that did not reflect the posterior stock market explosion, which artificially amplified the amount of the package. In addition, the payment included compensation for the loss of deferred actions accumulated during its previous stage in Semiconductor Laticewhere it was considered key in the exponential growth of the stock market value. The Top 10 of 2024 Domino effect. The impact of his Latetice departure and his arrival in Coherent was immediate. On the same day of the ad, the market value of Latice fell 15.5%which represented a loss of 1.6 billion dollars, while Coherent shares rose 22.9%, adding about 2,000 million in stock market capitalization. Since then, Coherent has maintained sustained growth, while Latice has retreated 34%. To all this, we must add that Anderson, Electrical Engineer With titles of MIT, Purdue and the University of Minnesota, it has a proven history: During their management in Lattice, the actions rose more than 875%, exceeding by broad margin to the S&P 500. In other words: its reputation as a silent transformer seems to have become an asset as valuable as any product line. The era of actions as salary. In the background, Anderson’s case illustrates a Dominant trend In contemporary executive compensation: retribution in shares represents near the 73% of the average total salary of the ceos, According to equilationwith a 41% increase compared to the previous year. This form of remuneration, linked to stock market performance rather than immediate results, has allowed to justify very high compensations, even in companies where the benefits do not always accompany. For example, Summit Singh, Chewy CEO, He received 35.1 million in 2024 Although the actions of the company 60% fellthe worst performance of the entire list. In contrast, Jensen Huang, from Nvidia (the firm with Best stock yield of the year, with an increase of 215%) received 34.1 million, although Your personal fortune It is estimated at 92,000 million thanks to its shareholding of 3.5%. Map of “tech” salaries a year earlier Benefits, security and inequality. There is much more, of course. In fact, in addition to wages and actions, many CEOs enjoy luxurious additional benefits. They counted in Barrons That Tim Cook, for example, received more than $ 780,000 in personal security services and another 655,000 on private flights. Starbucks, meanwhile, provides its CEO flights exclusively in private jets. Plus: This type of expenses has become more common due to growing concerns for security, especially after UNITEDHEALTH GROUP CEO Murder in a street in New York. In fact, a parallel study of equilation shows that almost a third of the S&P 500 companies already offer some type of executive protection, in this case a 28% increase Regarding 2023. The enigma Elon Musk. Yes, you may have realized that The richest man The planet has not appeared much until now. Elon Musk, although absent from the ranking because Tesla He has not presented Even your proxy report is still a key figure. Its previous ten -year compensation plan, approved in 2018 and currently valued in about 70,000 millionwas canceled twice By a delaware judge and now awaits a resolution in the state Supreme Court. This episode, together with the growing disconnection between real performance and executive remuneration, has fed criticism about the lack of effective controls in corporate wages. As Dean Baker summed upco -founder of the Center for Economic and Policy Research, “there is no real control over what is paid to the CEOS”, adding that many are not extraordinary, although they are paid as if they were. Citing these days, Warren Buffett, I remembered: “I try to invest in companies so good that even an idiot can direct them, because sooner or later, someone will do it.” Reflection of an era. In summary, at a time where salary inequality and wealth concentration generate increasingly intense debates, Anderson’s story It represents both … Read more

We do not know if the AI ​​is going to eat your work, but the CEO of some startups are determined to convince you of it

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AI comes for your work. It is the message that does not stop arriving since Chatgpt reached the market. And even before. The impact of artificial intelligence on the world of employment It can be hugebut for the moment They have not been noticed Its effects too much. That, they say more and more frequently the CEOs of technological companies, it will change. First, Shopify. Less than a month ago the CEO of Shopify, Tobi Lütke, He sent a memorandum To its employees with a clear directive: “Using AI effectively is now a fundamental expectation for everyone in Shopify.” In fact, he indicated that before expanding a workforce or investing in other tools, project managers should have exhausted all the ways to do that task with AI already available tools. Then Fiverr. The last to adopt a decision and speech of this type is Micha Kaufman, CEO of Fiverr, who in a memo to his employees emphasized the importance of protecting their careers in the face of the growing influence of AI. His message was overwhelming: “This is the unpleasant truth: AI comes for your work. Demons, it also comes for mine. This is a call of attention. It does not matter if you are a programmer, designer, product manager, data scientist, lawyer, customer service representative, seller or financial: the AI ​​comes for you. You must understand that what were previously considered” easy tasks “will no longer exist; what were considered” difficult tasks “will be” difficult tasks ” Easy, and what was considered “impossible tasks” will be the difficult thing. Finally (for the moment), Duolingo. Luis von Ahn, CEO of Duolingo, announced its template A few days ago his intention to be “an Ai-first. Among the measures that the company will take is to “gradually stop hiring freelancers to do the work of which AI can be commissioned.” Of course, Von Ahn apostilled, “Duolingo will continue to be a company that deeply cares about its employees. This does not replace the DUOS (company employees) with AI. It is about eliminating bottlenecks so we can do more with the spectacular duos we have now.” Many said it before, many will say it later. The message is explicit, but of course it is not new. The appearance of Chatgpt caused this type of predictions to become increasingly frequent, and little by little we have seen how the CEOs of large companies have talked about the impact that AI will cause on work. Above all, in the world of programming: Jensen Huang, CEO of Nvidia, was clear a year ago than No one should learn to programand they have also said Mark Garman (CEO of AWS) or Satya Nadella, CEO of Microsoft. Mark Zuckerberg joined that prediction a few days ago and assured that in 12-18 months the majority of the code would be written by an AI. And I didn’t talk about the machines autocomplete code, but that they would write it completely. First it will help us, then (perhaps) it will replace us. Many experts believe that AI It will enhance our productivity And it will help us do more And better work than ever. It is what happened with the computer or internet, but with AI there is a clear fear that I end up going beyond and completely doing our work. The possibility is there, although with other technological revolutions, there will be more threatened jobs and others that will be less. Bill Gates, for example, believes that Doctors and human teachers do not have much future And Sam Altman, CEO of OpenAI, states that the impact of AI on employment “It is a huge, huge problem“. Perhaps 140 years of history point to a surprising future profession. Hairdressers. Between 1871 and 2011 Technology created more jobs than destroyed. The 2015 study published In The Guardian It focused specifically on data from the Census of England and Wales, and that allowed to assess the impact of technology on the world of employment. The most physical works clearly fell into a fee, but while or other professions were created, or professionals were added to which there were already. For example, surprise: the number of hairdressers grew prodigiously throughout those 140 years: just 0.1% of the workforce in 1871, this group went on to represent 0.6% in 2011. But the impact is inevitable. There are more studies and forecasts that occurred before the current “revolution” of AI. In 2018 the World Economic Forum (WEF) He published his report ‘Future of Jobs 2018’. In their conclusions they pointed out that automation would eliminate 75 million jobs by 2025, but would create 133 million new functions. The balance has changed five years later. In your 2023 reportthis agency pointed out that in the next five years it is estimated that 83 million works will be lost and 69 million will be created. The funny thing is that lately workers They seem to be somewhat more optimistic With his future. Image | Fiat Chrysler Automobiles In Xataka | Thousands of employees use AI in their work. More and more do not want their bosses to discover it

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