BATTLE OVER ELON MUSK’S TRILLIONAIRE PAY PACKAGE BUILDS AS PENSION FUNDS FACE OFF AGAINST TESLA
https://s.yimg.com/ny/api/res/1.2/BZMRvZOTWfEhttrpqDmhng--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/fortune_175/2d437c243dcb108e80ebce0ea46d2e62
✍️ Tesla is preparing for a shareholder vote on CEO Elon Musk's potential $1 trillion pay package, with the company pulling out all the stops to push the measure through.
👉 Tesla is preparing for a shareholder vote on CEO Elon Musk's potential $1 trillion pay package 👉 The pay package would grant Musk up to 12% of Tesla's outstanding shares divided into 12 tranches 👉 The company is dedicating resources to communicating with individual retail investors and informing them about how to vote 👉 A growing coalition of pension funds and Democratic state fiduciaries are speaking out against the pay package 👉 Concerns include the size of the pay package, lack of independence on the board, and potential for other CEOs to follow suit
-- #ElonMusk #MichaelLevin #BradLander #ThomasP.DiNapoli #LauraMontoya #RobynDenholm #IraEhrenpreis #JoeGebbia #KathleenWilson-Thompson #BrookeLierman #Austin #NewYorkCity #NewMexico #Texas #business
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