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.
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Sure, they are lowering their pay with .50%
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.”
Ha… Haha… Hahaha… AHAHAHAHA
They got a $10B injection from Uncle Sam