executive compensation
Tesla shareholders approve Musk's historic $1T pay package -- here's when he could pocket the windfall
Tesla shareholders approved an epic $1 trillion pay package for Elon Musk on Thursday – after the mercurial boss threatened to leave the company if he didn’t get it.
Wall Street bankers will get bonus bonanza for second straight year
Johnson Associate predicted chunkier pay-outs last year after the US economy began to roar back into life after three years of COVID-inspired, debt-laden economic malaise
9/11 families blast skyrocketing salaries of Sept. 11 Memorial execs as it bleeds taxpayer money
Exec salaries are skyrocketing at the 9/11 museum– even as it continues to lose money, infuriating families of victims.
Elon Musk gets $29B pay package from Tesla board to keep him at EV maker
Elon Musk was awarded a new $29 billion pay package by Tesla’s board on Monday as his original deal remains tied up in Delaware court.
Fortune 500 exec's mistress arrested for allegedly stabbing lover's wife to death after cops locate key evidence
Delaney's alleged lover, a married Belgian woman named Greet Vandeput, was his executive assistant at Goodyear. Carmel Delaney
Tesla to reconsider Musk compensation after Delaware court struck down $56B pay package
Tesla’s board has reportedly formed a special committee to reconsider CEO Elon Musk’s pay, potentially setting the stage for a new compensation package as the company faces mounting legal and...
Spirit Airlines CEO quits — just months before he was due to get $3.8M bonus
The transition comes as the Florida-based low-cost carrier continues to grapple with financial woes and ongoing restructuring efforts.
Goldman Sachs ripped over 'excessive' bonuses for CEO David Solomon, his No. 2 exec: 'Poor practice'
Goldman Sachs is catching fresh heat over massive bonuses it has pledged to CEO David Solomon and his No. 2 executive John Waldron.
Just Salad's ex-CFO sues after losing out on $1.2M for 'doing his job too well,' suit claims
A corporate exec at a top salad chain says he's being "screwed" out of at least $1.2 million for performing "too well," a new lawsuit claims. Former Just Salad CFO...
UK giant HSBC cans bankers on bonus day
British banking giant HSBC fired a group of investment bankers on the day they were set to learn the size of their bonuses -- and denied giving them their annual...
Wall Street bonuses hit record $47.5B in 2024 — with each banker earning average $245K payout
That is up 34% from last year’s bonus pool of $35.4 billion and the highest number since records began in 1987.
Ex-CEO of Kroger forfeits $11.2M pay package after exiting over 'personal conduct'
McMullen, 64, earned $15.7 million in 2023. The compensation included nearly $673,000 in performance-based incentive pay, according to SEC filings.
Optimum cable owner okayed pay raises for execs while refusing to refund subscribers for MSG blackout
Altice USA CEO Dennis Matthew had his base salary raised to $1.55 million. If he hits incentive-laden bonuses, he could earn $14.55 million.
Goldman Sachs staffers fume over paltry bonuses after CEO David Solomon's eye-popping $39M payout
“When news of Solomon’s bonus was released, a lot of folks here just rolled their eyes,” one equities trader told The Post. “Of course, that is where our money went.”
Starbucks CEO was paid $96 million for four months of work
His substantial pay package, which detailed in a recent securities filing with the SEC, includes buyouts of Chipotle Mexican Grill shares.
Goldman's David Solomon toasts 63rd birthday with $39M payday
The Wall Street veteran will also earn an $80 million retention bonus if he remains with the bank for another five years.
Spirit Airlines CEO got $3.8M bonus the week before company's bankruptcy filing
The chief executive, who was named CEO in 2019 after having serviced as its chief financial officer, lives in a luxurious $2.5 million home in Fort Lauderdale, Fla.
Fat cat Wall Street bankers set to rake in bumper bonuses in 2024: study
New York bankers are expected to pocket bonuses as high as 35% as Wall Street deal-making roared back to life after the economic malaise after the COVID pandemic.
Goldman Sachs adds most partners to 'Wall Street's most exclusive club' since 2010
The announcement comes amid a flurry of dealmaking activity in the world's financial capital that has boosted profits at Goldman's lower Manhattan headquarters.
OpenAI reportedly mulls $10B payday for Sam Altman as more top executives head for exits
A 7% stake in Microsoft-backed OpenAI could soon be worth a whopping $10.5 billion for Altman, who had not previously taken an ownership position in the firm.