Not to say that it’s a sufficient penalty for the C-suite, but their compensation packages generally consist of stock options in the company, meaning that the share price decline following unexpected negative events translate into a large pay cut for them.
So all the C-Suite is taking a pay cut, right?
Not to say that it’s a sufficient penalty for the C-suite, but their compensation packages generally consist of stock options in the company, meaning that the share price decline following unexpected negative events translate into a large pay cut for them.
Then they’ll fight for more stock later to be “made whole.”
Sure, they are lowering their pay with .50%
Ha… Haha… Hahaha… AHAHAHAHA
They got a $10B injection from Uncle Sam