
It's nice work if you can get it: Coinbase's Chief Product Officer Surojit Chatterjee will say farewell to the company on Feb. 1, three years into his five-year contract. For his trouble, he gets to step away with the $105 million he made from stock sales in addition to his $1 million annual salary. Oh, and if he feels strapped for cash, he can always sell the Coinbase shares he still owns which are currently worth around $7.5 million.
Chatterjee's plush exit is eyebrow-raising even by the standards of overpaid executives. As noted by DLNews, which calculated his three-year take-home pay, Chatterjee made five times more last year than the CEO of Ford. Meanwhile, the Ford CEO holds the most senior position at his company and has for the most part done a good job—unlike Chatterjee whose tenure will be best remembered for his bungling Coinbase's NFT rollout.