Coinbase CEO Brian Armstrong took home nearly $60 million in total compensation last year


Coinbase CEO Brian Armstrong took home nearly $60 million in total compensation last year, according to the exchange operator’s S-1 Form published Thursday.

That figure includes $1 million in salary, $56.7 million worth of stock options granted at a fair value, and $1.8 million marked as “all other compensation.” Armstrong’s total benefit for the year could range higher if his options are valued at the market price of Coinbase’s stock.

Among the other highest-earning executives at Coinbase include chief product officer Surojit Chatterjee and chief legal officer Paul Grewal, per the S-1 Form.

Chatterjee brought in $616,435 in salary, $300,000 in bonus and $14,950,463 in options awards for a total of roughly $15.86 million. 

Grewal, per the filing, earned $209,519 in salary, a $100,000 bonus, $7.6 million in stock awards and $10.1 million in options awards, for a total of about $18 million.

Source: Coinbase’s S-1 Form

Editor’s Note: This headline has been adjusted for clarity.

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