#executive-compensation

#executive-compensation

Pike Brewing (Seattle, Washington) will close Pike Pub and Pike Fish Bar, both located at the city's iconic Pike Place Market, it announced this week. The locations' final day of service will be November 30. All pints cost $4 until then, Pike shared. The closure comes slightly more than two years after Pike moved its brewing operations to a new facility in Seattle's SoDo neighborhood. That brewery does not have a taproom at the location.

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.