"The idea behind moonshot pay is that conventional salaries and bonuses don't motivate the kind of tectonic risk-taking and visionary leadership that turns good companies into generational ones."
"Meta disclosed the new stock option program for its top executives that promises massive payouts if the tech giant achieves the ambitious goal of growing its market capitalization from roughly $1.5 trillion to $9 trillion by 2031."
"A Meta spokesperson called the program a 'big bet' that will not reward the executives unless 'Meta achieves massive future success, benefiting all of our shareholders.'"
Moonshot compensation packages promise significant pay for executives who meet ambitious financial goals, encouraging risk-taking and visionary leadership. Meta has introduced a new stock option program for senior leaders, excluding CEO Mark Zuckerberg, aiming to grow its market capitalization from $1.5 trillion to $9 trillion by 2031. Executives could earn up to $625.6 million each, potentially rising to $921 million with additional stock units. This program is seen as a 'big bet' that ties rewards to substantial future success for shareholders.
Read at Fortune
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