T-Mobile annual general meeting may bring disappointment for CEO Mike Sievert

  • 📰 PhoneArena
  • ⏱ Reading Time:
  • 67 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 59%

T-Mobile News

Wireless Service

Anam Hamid is a computer scientist turned tech journalist who has a keen interest in the tech world, with a particular focus on smartphones and tablets. She has previously written for Android Headlines and has also been a ghostwriter for several tech and car publications.

, with Earnings per share , which is a measure of profitability, rising by 50 percent in the past three years. The total shareholder return was 24 percent during the period.

The revenue only changed by 0.7 percent last year, but shareholders will probably not be too worried about that, as the bottom line matters more than revenue.has a market capitalization of $209 billion and the total annual compensation for Sievert was $37 million last year. It was an increase of 29 percent on the year prior. Out of the total compensation, his salary was $1.7 million and the rest was non-salary compensation.

The total compensation was a whopping 920 percent higher than the average for the American wireless telecom industry. On top of that, Sievert also owns $55 million worth of shares, so the company's success directly benefits him. Since the company has been performing so well, no one is expected to object to Sievert's high compensation, but the shareholders will probably not agree to a further raise, given the CEO is already paid so much more than the industry average.

Anam is not a tech hoarder and believes in using her gadgets for as long as possible. She is concerned about smartphone addiction and its impact on future generations, but she also appreciates the convenience that phones have brought into our lives. Anam is excited about technological advancements like folding screens and under-display sensors, and she often wonders about the future of technology.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 322. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

T-Mobile annual general meeting may bring disappointment CEO Mike SievertAnam Hamid is a computer scientist turned tech journalist who has a keen interest in the tech world, with a particular focus on smartphones and tablets. She has previously written for Android Headlines and has also been a ghostwriter for several tech and car publications.
Source: PhoneArena - 🏆 322. / 59 Read more »