[–] arpyzo 2y ago ↗ I assume the board needs to approve this. What is their motivation for doing so? [–] ijijijjij 2y ago ↗ "Calhoun’s 2023 awards were designed to emphasize the importance of long-term shareholder value growth"He was awarded lots of shares that he can't cash out yet, apparently [–] PenguinCoder 2y ago ↗ His bonus was predicated on the value of shareholders return, and he met that metric. Thus he has _earned_ this payout. **I personally think that is a bunch of BS. But that is how such is justified. [–] [dead] 3seashells 2y ago ↗ [dead] [–] ijijijjij 2y ago ↗ That's not how I understand it. They want him to make good decisions to make his shares' value go up for when he will be allowed to sell them. Which kind of make sense but I'm not sure. [–] cozzyd 2y ago ↗ They tried to shut the door on it but... [–] willcipriano 2y ago ↗ They are worried he will CEO a plane their family is on.
[–] ijijijjij 2y ago ↗ "Calhoun’s 2023 awards were designed to emphasize the importance of long-term shareholder value growth"He was awarded lots of shares that he can't cash out yet, apparently [–] PenguinCoder 2y ago ↗ His bonus was predicated on the value of shareholders return, and he met that metric. Thus he has _earned_ this payout. **I personally think that is a bunch of BS. But that is how such is justified. [–] [dead] 3seashells 2y ago ↗ [dead] [–] ijijijjij 2y ago ↗ That's not how I understand it. They want him to make good decisions to make his shares' value go up for when he will be allowed to sell them. Which kind of make sense but I'm not sure.
[–] PenguinCoder 2y ago ↗ His bonus was predicated on the value of shareholders return, and he met that metric. Thus he has _earned_ this payout. **I personally think that is a bunch of BS. But that is how such is justified. [–] [dead] 3seashells 2y ago ↗ [dead] [–] ijijijjij 2y ago ↗ That's not how I understand it. They want him to make good decisions to make his shares' value go up for when he will be allowed to sell them. Which kind of make sense but I'm not sure.
[–] ijijijjij 2y ago ↗ That's not how I understand it. They want him to make good decisions to make his shares' value go up for when he will be allowed to sell them. Which kind of make sense but I'm not sure.
[–] SlightlyLeftPad 2y ago ↗ Happy to see employees are getting their bonus’ for meeting their performance goals, including increasing long-term shareholder value growth.
[–] ycombinatrix 2y ago ↗ good to see our top CEOs finally being compensated fairly for their outstanding performance. [–] [dead] Olesya000 2y ago ↗ [dead]
[–] givemeethekeys 2y ago ↗ It's 33 million, which is about 10x of what the families of Ethiopian Airways crash victims got per passenger.
[–] speedylight 2y ago ↗ This is absurd, wheels and doors are literally falling off their planes and the CEO gets a raise lol. Life is funny sometimes
16 comments
[ 0.24 ms ] story [ 47.1 ms ] threadHe was awarded lots of shares that he can't cash out yet, apparently
*I personally think that is a bunch of BS. But that is how such is justified.