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

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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

 

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