T-Mobile’s CEO, Mike Sievert, has been making headlines recently for being one of the highest-paid CEOs in the US. As the company gears up for its Annual General Meeting on June 12, there is speculation about whether Sievert will receive a raise this year.

Despite some concerns from shareholders, it’s important to note that Sievert’s leadership has significantly contributed to T-Mobile’s success. The company’s profitability, as measured by Earnings per share (EPS), has increased by 50 percent over the past three years. Additionally, the total shareholder return was 24 percent during this period.

While the revenue growth was modest at 0.7 percent last year, shareholders seem more focused on the bottom line rather than revenue figures. With a market capitalization of $209 billion and Sievert’s total compensation reaching $37 million last year (a 29 percent increase from the previous year), it’s clear that he is generously compensated for his role.

In fact, Sievert’s total compensation is significantly higher than the industry average, standing at a whopping 920 percent above the norm for American wireless telecom CEOs. Moreover, he also holds $55 million worth of shares in T-Mobile, aligning his interests with those of the company.

Given T-Mobile’s strong performance under Sievert’s leadership, it seems unlikely that shareholders will challenge his current compensation package. However, with front-line employees possibly feeling undervalued compared to their CEO who deals with angry customers regularly, there may be some internal discussions about fair compensation across all levels of the organization.

As T-Mobile continues to thrive in the competitive telecommunications industry, it will be interesting to see how Sievert’s compensation evolves in relation to company performance and employee satisfaction.