Nullification of Elon Musk’s $56 billion pay package could be a wakeup call for corporate boards

Nullification of Elon Musk’s $56 billion pay package could be a wakeup call for corporate boards

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The ruling by the Delaware chancellor that essentially nullifies Elon Musk’s $55.8 billion pay package could have broader implications on the rest of corporate America. Late Tuesday, Delaware Chancery Court Chancellor Kathaleen McCormick voided the Tesla TSLA, chief executive’s pay package, siding…

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