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by blitzar 724 days ago
She paid the CEO $30 million a year to lose $30 billion in market cap (of which National Amusements share is $23 billion) in just 4 short years, so I would say that they got pretty rich at her expense.
1 comments

Obviously, but your comment implied malfeasance on the part of the CEOs (“paid themselves fat bonuses”), whereas my comment illuminates you to the fact that the CEOs action’s and compensation were subject to a single owner’s approval.

That is about as market price as it gets. Also, if you dig into the proxy forms, I bet you would find those CEOs probably got paid in Paramount stock with various lockup terms before they could sell, so they probably didn’t make out as well as you think.