The normous pay package for Elon Musk is no surprise for anyone who is watching the (fruitless) debate about the correct level of executive pay.
So far there has not been an agreement what approriate pay for senior executives, especially CEO's should be.
And I always argued that ANY level of pay could be justified under the current regime. If, say, a company earns 100 million and next year it earns 150 million, why no award the reigning CEO half of that increase? of even half of the total? (as some Hedge Funds do).
14-June-2024
Acting Corp Fin Director Cicely LaMothe — who has been serving double duty
since the beginning of the year and is returning to her role as Deputy
Director,...
17 hours ago
