Two influential advisory firms have urged shareholders to vote against Elon Musk’s contentious $51 billion pay package and raised concerns about the CEO’s numerous side projects.
On Friday, Institutional Shareholder Services called the package “excessive” and noted that shareholder concerns “have not been sufficiently mitigated” since the package was first approved in 2018.
” That warning came a few days after Glass Lewis, another prominent advisory firm, published a 71-page report that criticized the size of the compensation plan and warned about Musk’s “slate of extraordinarily time-consuming projects” that are unrelated to Tesla, such as X, the company formerly known as Twitter.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Elon Musk’s massive Tesla pay package opposed by second advisory firmISS is the second big shareholder advisory firm to oppose Elon Musk’s massive pay package from Tesla.
Baca lebih lajut »
Elon Musk sees another big advisory firm come out against his multibillion dollar pay packageA second shareholder advisory firm has come out against reinstating a pay package for Tesla CEO Elon Musk that was voided earlier this year by a Delaware judge.
Baca lebih lajut »
Elon Musk sees another big advisory firm come out against his multibillion dollar pay packageA second shareholder advisory firm has come out against reinstating a pay package for Tesla CEO Elon Musk that was voided earlier this year by a Delaware judge.
Baca lebih lajut »
Elon Musk sees another big advisory firm come out against his multibillion dollar pay packageA second shareholder advisory firm has come out against reinstating a pay package for Tesla CEO Elon Musk that was voided earlier this year by a Delaware judge. ISS is joining Glass Lewis in recommending against the package, recently valued at $44.9 billion.
Baca lebih lajut »
Elon Musk could nab advisory role in Donald Trump administrationFormer President Donald Trump might have Tesla CEO Elon Musk join him in the White House if he wins a second term in November.
Baca lebih lajut »
Donald Trump is reportedly considering an advisory role for Elon MuskElon Musk and Donald Trump have been discussing a potential advisory role for Musk if Trump wins the 2024 election, The Wall Street Journal reported.
Baca lebih lajut »