#executive-compensation

#executive-compensation

After months of being relatively quiet following his resignation from the Department of Government Efficiency and subsequent fallout with President Donald Trump, Musk slammed proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis. "I just don't feel comfortable building a robot army here and then being ousted because of some asinine recommendations from ISS and Glass Lewis, who have no freaking clue," Musk said. "I mean, those guys are corporate terrorists."

Microsoft CEO Satya Nadella's total pay package for fiscal 2025 has been confirmed, and the executive earned a total of $96.5 million for the year. That is up 22% from the previous year and represents his highest-ever annual pay. It's a massive multiple over what the median Microsoft worker makes, with the median worker taking home around $200,000. The executive's pay details are coming to light as the company faces scrutiny over its recent Xbox decisions, including layoffs, game cancellations, studio closures, price hikes, and increasing profit-margin mandates. The company as a whole has faced ongoing criticism as well due to its slate of mass layoffs, partnership with Israel, and investments in AI, among other things.

To nab the jaw-dropping pay package that could make Elon Musk the first trillionaire, the Tesla CEO first has to find his successor - eventually, anyway. Succession planning is rarely easy and often gets harder when it involves replacing a high-profile exec. Whoever eventually steps in to replace Musk will have a big job to do, leadership experts told Business Insider.

Qantas Airways Ltd. Chief Executive Officer Vanessa Hudson and her top leadership team were docked A$800,000 ($522,000) in pay for a cyberbreach that impacted millions of customers, as the airline attempts to show it's taking a harder line on accountability and governance. Hudson forfeited A$250,000 in compensation, while the airline's five executive managers lost a combined A$550,000, Qantas said in its annual report, released Friday.

Executives at hundreds of companies were manipulating stock option grant dates to enrich themselves at the expense of shareholders. This practice became known as backdating.

Despite concerns from regulators regarding its financial situation, Affinity Water has doubled the pay of its chief executive, Keith Haslett, to 1.6 million for the 2024-25 financial year, up from 709,000 the prior year.

"Out of an abundance of caution, a security detail was provided to Mike Reed," a Gannett spokesperson said, highlighting the company's response to increased security concerns after recent violence.