Twitter CEO Jack Dorsey received a salary of $ 1.40 in 2018



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Twitter CEO Jack Dorsey received a total salary of $ 1.40 in 2018, the social media company said Monday in a document filed by the Securities and Exchange Commission.

Dorsey received no other compensation or benefit from the company, depending on the file. He also reportedly denied all allowances and benefits in 2015, 2016 and 2017.

"To demonstrate our commitment and confidence in Twitter's long-term value creation potential, our CEO, Jack Dorsey, has denied any compensation and benefits for 2015, 2016 and 2017. In 2018, he also denied any compensation and benefits other than a $ 1.40 salary ", a section of the application reads.

Dorsey however earned about $ 80 million in 2018 through the sale of 1.7 million shares of Square, according to Forbes, a mobile payment company for which he is also CEO.

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