To vote on proposed 10-year with Tesla’s shareholders, $ 1 trillion compensation package for CEO Elone Musk in November, Board President Robin Denhom spoke to New York Times What will happen to rescue The largest salary package in corporate history,
Denhom, who was also in the Special Committee, who had held the proposal of compensation together, argued that Kasturi needed to be inspired by extraordinary compensation bound by extraordinary compensation. At the same time, he suggested that he was less interested in extra money that was promised that Tesla would represent shares, and more in voting power.
“I think it’s a bit strange to talk about the dollar when it is actually a voting effect,” Denhole said, which the Times described as “sometimes ill -ill appet” during the interview.
This may also seem to be defendant to offer such massive pay package Tesla’s profit and vehicle sales are fallingBut Denhom insisted that the plan is about “future performances”.
“It’s not about the previous performance,” he said. “If he does not demonstrate against the goals, he gets nothing.”
As Techcrunch first noted, The goals of the package are very less ambitious In comparison to some promises, Musk has made about Tesla in the past.
