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by axlee
812 days ago
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> But hold on, this same CEO has spent over $230 million(!) buying Canoo stock from his personal funds [2], so he is significantly in the red no matter how much he gets reimbursed for air travel. He's not the only shareholder. I am not sure the others appreciate paying for the CEO's lavish lifestyle when his company is on the brink of failure, even though the CEO is also in the red. And as you say, if he really wants to travel private, he can always use his own plane and not charge anything for it. The other shareholders are basically bankrolling his plane. |
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