Tag: Executive pay

  • Boeing board denies CEO David Calhoun a performance bonus

    The aircraft manufacturer from Arlington, Va. has said the large wide-body aircraft will not be delivered to customers until 2025. service by the end of 2023, while ramping up production and deliveries. “It is clear that this goal will not be met, albeit for reasons largely beyond Mr. Calhoun’s control,” Boeing said in its annual […]

  • Tesla shareholders want to void Elon Musk’s $55 billion pay package

    WILMINGTON, Del. Lawyers for a Tesla shareholder on Tuesday urged a Delaware judge to dismiss a 2018 compensation package awarded by the company’s board of directors to CEO Elon Musk, potentially worth more than $55 billion. to be declared invalid. The shareholder’s lawyers argue that the compensation package should be annulled because it was dictated […]

  • Facebook Parent Meta gives thousands of employees substandard ratings

    Facebook Parental Meta Platforms Inc. META -2.66% gave thousands of employees subpar ratings in a recently completed round of performance reviews, a signal that more jobs may be cut, people familiar with the matter said. The company also cut a bonus metric, the people said, one of many steps senior executives are taking after CEO […]