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April 21, 2015

twitter emerges as the highest paymaster

biggest paymasters across social media


Anthony Noto, the former banker from Goldman Sachs to become financial chief at Twitter was the biggest earner, with a compensation of $72.8 million in 2014, including stock awards valued at $63.1 million and options of $9.5 million.

His compensation was about three times the pay of his predecessor, Mike Gupta, who made $24.6 million, almost all of it from stock awards, in 2013. 

 Mr Noto earns much more than $11.5 million that CEO Dick Costolo was awarded in 2013(Costolo, however, owns more than eight million Twitter shares worth about $413 million) and well outstrips the $6.7 million Adam Bain made as president of revenue. 

 The third-highest earner was Twitter’s engineering chief, Alex Roetter, who received an $18.8 million stock award as part of total compensation of $19.1 million. Earlier in 2013 Twitter had awarded Chris Fry, who was the senior vice president for technology, more than $10 million in stock