What's going on in IT? Two years ago there was one VP/GM position, the CIO, although they were approved for two. Now there are three VPs, including the CIO; the second VP position (then GM) was filled in 2024. That's a big increase in comp as VP's are a min of $850K (salary, VCIP, and RSUs), plus other benefits. I guess the recent layoffs in IT paved the way for the increase in comp for the newest VP. Welcome to the club!!
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Our VPs are like banks. Erybody is a vp. What’s the point?
Calm down it is just a title change no change in pay. Still the same GM pay scale
Were they actually bumped in grade or was it all just the title harmonization?