ContextLogic CTO Farhang Kassaei receives $20M in 2021
ContextLogic reports 2021 executive compensation
By ExecPay News
Published: April 26, 2022
ContextLogic reported fiscal year 2021 executive compensation information on April 26, 2022.
In 2021, eight executives at ContextLogic received on average a compensation package of $10M, a 43% decrease compared to previous year.
Farhang Kassaei, Chief Technology Officer, received $20M in total. 99% of Kassaei's compensation, or $19M, was in stock awards. Kassaei also received $213K in salary.
For fiscal year 2021, the median employee pay was $145,046 at ContextLogic. Therefore, the ratio of Farhang Kassaei's pay to the median employee pay was 135 to one.
Jacqueline Reses, Former Executive Chair, received a compensation package of $18M. 100% of the compensation package, or $18M, was in stock awards.
Vivian Liu, Chief Financial Officer, earned $17M in 2021.
Tarun Jain, Chief Product Officer, received $16M in 2021.
Rajat Bahri, Chief Financial Officer, earned $8.6M in 2021, a 91% increase compared to previous year.
Brett Just, Chief Financial Officer, received $2.4M in 2021.
Jennifer Oliver, Chief Financial Officer, earned $1.8M in 2021.
Piotr Szulczewski, Chief Executive Officer, received $450K in 2021, which decreases by 99% compared to 2020.
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