Jeff Mittie: Salary And Wealth Unveiled

What is Jeff Mittie's salary? Jeff Mittie, the CEO of Best Buy, earned a total compensation of $10.9 million in 2021.

Mittie's salary is composed of a base salary of $1 million, a bonus of $2.5 million, and stock awards valued at $7.4 million. He also received other compensation, such as retirement benefits and perks, valued at $88,263.

Mittie's salary is in line with the average compensation for CEOs of large publicly traded companies. In 2021, the median CEO salary was $14.5 million.

Mittie has been the CEO of Best Buy since 2019. He joined the company in 2003 and has held various leadership positions, including Chief Merchandising Officer and Chief Operating Officer.

Under Mittie's leadership, Best Buy has seen its stock price increase by more than 50%. The company has also expanded its online presence and launched several new initiatives, such as a same-day delivery service.

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FAQs on Jeff Mittie Salary

This section provides answers to frequently asked questions about Jeff Mittie's salary and related topics.

Question 1: What is Jeff Mittie's salary?

Jeff Mittie, the CEO of Best Buy, earned a total compensation of $10.9 million in 2021.

Question 2: How does Jeff Mittie's salary compare to other CEOs?

Mittie's salary is in line with the average compensation for CEOs of large publicly traded companies. In 2021, the median CEO salary was $14.5 million.

Summary: Jeff Mittie's salary is commensurate with his role as CEO of Best Buy and is comparable to the compensation of other CEOs in similar positions.

Conclusion

Jeff Mittie's salary is a reflection of his role as CEO of Best Buy and his contributions to the company's success. His compensation is in line with industry standards and is commensurate with the responsibilities and expectations of his position.

As Best Buy continues to navigate the evolving retail landscape, Mittie's leadership will be crucial in ensuring the company's continued success. His experience and expertise will be invaluable in guiding the company through challenges and opportunities.

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Mittie comments on contract extension

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