The directors’ desire to keep the serial entrepreneur focused on the car maker contributed to the pursuit of a multibillion-dollar equity grant. Source link Source link
Read MoreTag: Executive Pay
Tech Tesla CEO testified in Delaware that clearing the performance targets for his pay to vest was ‘extremely unlikely’ Source link Source link
Read MoreTech CEO, who this week said he has ‘too much work on his plate,’ is expected to take the stand Wednesday in Delaware court Source link Source link
Read MoreElon Musk is headed to court this week in Delaware to defend his multibillion-dollar compensation package at Tesla. Source link Source link
Read MoreLast year, Elon Musk parted ways with one of his top deputies at Tesla Inc., a French auto-industry executive named Jerome Guillen. Mr. Guillen worked at Tesla for roughly a decade, rising to oversee the company’s car division. He was rewarded with equity grants that swelled with Tesla’s valuation. By the end of 2020, Mr. […]
Read MoreExecutives are aggressively paying down debt as higher interest rates increase the cost associated with having debt and businesses face the prospect of a recession. Finance chiefs across industries are feeling the pinch of higher borrowing costs as the Federal Reserve continues to hike interest rates to combat persistently high inflation. The U.S. central bank […]
Read MoreThe SEC has been dialing up enforcement before the clawback rule approved last week. Source link Source link
Read MoreNew York City employers are starting to comply with a new salary transparency law taking effect this week that will require nearly all job listings to include a pay range, a move expected to reshape workplaces and how companies hire. The measure, aimed at closing gender pay gaps and other disparities, requires companies to include […]
Read More