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(Reuters) -Tesla shareholders will vote on Thursday on whether or not to ratify CEO Elon Musk’s $56 billion pay package deal, which a Delaware choose voided in January as a result of she discovered he improperly managed the method.
The corporate’s try to hunt a shareholder re-vote on the record-breaking pay has put the highlight on CEO compensation in company America. In contrast to typical packages, Musk’s $56 billion package deal didn’t embody a wage or money bonus. As an alternative, it set rewards primarily based on Tesla (NASDAQ:)’s market worth rising to as a lot as $650 billion over the subsequent 10 years from 2018.
Musk mentioned late on Wednesday that shareholders have been voting by extensive margins to approve the pay package deal.
Beneath is an inventory of complete compensation of CEOs of prime 10 U.S. corporations on market capitalization foundation:
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