Tesla Board Urged To Reject The ‘Largest Possible Pay Package For A CEO In Corporate America’
Proxy advisory firm Glass Lewis urged Tesla shareholders on Saturday to reject a record-breaking $56 billion pay package for CEO Elon Musk. Glass Lewis’ report criticised the pay package for its excessive size, potential to dilute shareholder ownership upon stock option exercise, and the concentration of power it would grant Musk. The report also raised … Read more
