Institutional Shareholder Services Recommends Voting Down Musk's Compensation

Friday, 31 May 2024, 12:40
In a significant move, top proxy advisor ISS has urged Tesla shareholders to scrap CEO Elon Musk's massive $56 billion pay package. The recommendation highlights growing concerns over executive compensation structures and corporate governance practices. Shareholders face a pivotal decision on ensuring accountability and aligning executive pay with performance.
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Institutional Shareholder Services Recommends Voting Down Musk's Compensation

ISS Advises Against Elon Musk's $56B Tesla Pay Package

Top proxy advisor Institutional Shareholder Services on Friday recommended that Tesla shareholders vote against the re-approval of CEO Elon Musk's $56 billion pay package.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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