News Formal

CEO Pay Packages Fell Sharply in 2022 as the Stock Market Sank

  • 📰 WSJ
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

For the first time, companies are figuring the gains and losses in the stock awards that make up much of CEOs’ pay. Elon Musk took a nearly $10 billion hit at Tesla.

Two-thirds of S&P 500 chief executives finished the year with less compensation than initially awarded; Elon Musk’s $10 billion hole

Clockwise from top: Alphabet’s Sundar Pichai, Apple’s Tim Cook, Occidental Petroleum’s Vicki Hollub, Tesla’s Elon Musk and Live Nation Entertainment’s Michael Rapino.By

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines