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What Whole Foods CEO John Mackey earned from the Amazon deal may surprise you - TL;DR CNBC

What Whole Foods CEO John Mackey earned from the Amazon deal may surprise you

Publishing timestamp: 2017-06-16 17:02:27


Summary

Amazon's offer to acquire Whole Foods for $13.7 billion leaves CEO John Mackey only $8 million richer, despite owning about 980,000 shares. Mackey has been embroiled in controversy in the past, but the stock rallied over 28% after the announcement.


Sentiment: NEUTRAL

Tickers: AMZN.AD.IXIC

Keywords: food and drinktechnologyamazon.com incbusiness newsmergers and acquisitionswhole foods market incretail industry

Source: https://www.cnbc.com/2017/06/16/whole-foods-ceo-john-mackey-earned-8-million-from-the-amazon-deal.html


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