West would have forfeited the award—handed out in 2018 after he gave up the GC post at PepsiCo to join the ride-hailing company—if Uber had not reached the valuation milestone by March 2028.
February 29, 2024 at 08:34 AM
3 minute read
The original version of this story was published on Corporate Counsel
Feb. 6, 2024, might have been just another day on the calendar, but not for Tony West, chief legal officer of Uber Technologies.
On that date, Uber achieved a stock market valuation of $120 billion for 90 consecutive days, the trigger to unlock a huge trove of stock options the company granted West in March 2018, 14 months before its May 2019 initial public offering.
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Frederick D. Miceli has joined the firm as Of Counsel
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Tony West, chief legal officer of Uber. Photo by Boon Vong
