It’s Never Been Easier to Be a CEO, and the Pay Keeps Rising

It’s Never Been Easier to Be a CEO, and the Pay Keeps Rising

Sure, the multibillion headline number was big enough to appease the gods, but the award was structured in such a way that Tesla would have to reach highly ambitious milestones for Mr. Musk to receive any of it. The award’s structure was driven by concern that Mr. Musk’s attention could wander to his other ventures, like SpaceX, or that he could leave Tesla altogether. Analysts for Institutional Shareholder Services said at the time that because Mr. Musk already owned roughly a fifth of Tesla, his financial interests were already strongly aligned with the company.

Source: www.nytimes.com