Q: Would you consider the CEO compensation package to be excessive or is this just business similar to TSLA and Musk? Thx
5i Research Answer:
We do not like the compensation trends here nor at other companies. $20M a year is ridiculous, in our view considering executives current equity holdings and super voting control of the company. But, shareholders approved the package, so there's that. But shareholders need to fight back on these. All the proxy services firms opposed it.