- Dropbox filed to go public on Friday, revealing CEO Drew Houston’s salary for the first time.
- Houston took home about $ 110 million in cash and stock in 2017.
- He stands to make a lot more, thanks to an incentive system tied to Dropbox’s share price: If Dropbox shares hit $ 60, his total stock hoard will be worth $ 930 million.
Cloud storage company Dropbox is going public — and its CEO, Drew Houston, is due to make a whole lot of money.
On Friday, the well-known cloud storage company filed the paperwork for its long-awaited IPO. The S-1 revealed that CEO and cofounder Drew Houston made about $ 110 million in cash and stock in 2017.See the rest of the story at Business Insider
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SEE ALSO: Dropbox finally filed for its IPO — and it lost $ 111 million on revenue of $ 1.1 billion last year
