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ISS said that while the board’s goal was to retain Musk because of his “track record and vision”, the 2025 pay package “locks in extraordinarily high pay opportunities over the next ten years” and “reduces the board’s ability to meaningfully adjust future pay levels.”
You're gonna f*cking give it to him, aren't you?
You know, when your CEO wants a TRILLION dollar compensation package, you should be using words like "unacceptable", "ridiculous" and "insane" NOT "gosh, this is a real head-scratcher. How are we going to make this work?"
I think they love musk and ceos like him. They're like the dancing monkeys of the business. The CEO becomes the lightning rod for public outcry against the company and causes short term dips in stock value which allows the share holders to buy more stock. Government contracts go through and they make money as the stock bounces back. There's other factors sure, but at the end of the day the share holders are still making money. They're running on a different system than the rest of us.