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by pavlov
818 days ago
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The same applies to all public company CEOs. They all get paid mostly in stock. Ultimately it's the other shareholders paying these compensation packages. They may sometimes be well deserved, but discussing and criticizing them is fair too. Sometimes courts do strike down excesses. Elon Musk's $55 billion package was voided by a Delaware court because the Tesla board didn't follow proper procedure. (I.e. not because he didn't create shareholder value — he absolutely did! — but because the process was flawed.) |
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