Who Is Purdy and What Is the Current Income?
Public filings and company reports show that Purdy currently earns a base salary of $1.0 million per year as Chief Financial Officer at Tesla, with total reported compensation reaching $31.2 million for the latest fiscal year Tesla DEF 14A filing.
This total includes a $0 base salary, a $1.0 million annual salary, stock awards valued at $30.0 million, and other compensation of $0.2 million, according to the most recent proxy statement Tesla DEF 14A filing.
What Components Make Up Purdy's Total Pay?
The salary component is fixed at $1.0 million annually, while the stock awards are tied to Tesla's performance metrics and vest over multiple years Tesla DEF 14A filing.
Other compensation includes a $0.2 million cash bonus and benefits, with no reported perquisites or non-equity incentive plan compensation in the latest filing Tesla DEF 14A filing.
How Does Purdy's Pay Compare to Other Tesla Executives?
Purdy's total compensation ranks among the top five highest-paid executives at Tesla, with a pay ratio of approximately 125:1 compared to the median employee Forbes Tesla Executive Pay Analysis.
Other Tesla C-suite members reported total compensation ranging from $25 million to $35 million in the same period, with CEO Elon Musk's pay package structured differently through stock options Forbes Tesla Executive Pay Analysis.