Current location:world >>
Tesla asks shareholders to reinstate Elon Musk's $55 billion pay package
world4381People have gathered around
IntroductionDETROIT (AP) — Tesla will ask shareholders to reinstate a $56 billion compensation package for CEO E ...
DETROIT (AP) — Tesla will ask shareholders to reinstate a $56 billion compensation package for CEO Elon Musk that was rejected by a judge in Delaware this year, and to move the electric car maker’s corporate home from Delaware to Texas.
In a filing with federal regulators early Wednesday, the company said it would ask shareholders to vote on both issues during its annual meeting on June 13.
In January, Chancellor Kathaleen St. Jude McCormick ruled that Musk is not entitled to a landmark compensation package awarded by Tesla’s board of directors that is potentially worth about $55.8 billion over 10 years starting in 2018.
Five years ago, a Tesla shareholder lawsuit alleged that the pay package should be voided because it was dictated by Musk and was the product of sham negotiations with directors who were not independent of him.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“International Iterations news portal”。http://www.videocameralive.com/html-81e399578.html
Related articles
Chinese military ready to boost ties with Indonesian counterpart: defense spokesperson
worldThe Chinese military is willing to work with its Indonesian counterpart to further consolidate strat ...
【world】
Read moreNelly Korda puts bid for 6th straight victory on hold after withdrawing from Los Angeles tourney
worldLOS ANGELES (AP) — Nelly Korda is putting her bid for a historic sixth straight victory on hold.The ...
【world】
Read moreWilliam Strickland, a longtime civil rights activist, scholar and friend of Malcom X, has died
worldBOSTON (AP) — William Strickland, a longtime civil rights activist and supporter of the Black Power ...
【world】
Read more
Popular articles
- Arkansas teacher, 26, is charged with sexually assaulting 15
- Matt Ryan calls it a career. The quarterback officially announces his retirement
- Jury: BNSF Railway contributed to 2 deaths in Montana town
- Environmental groups sue Maine for action on climate
- Messi to Miami: Soccer star, and a few teammates, show up for Heat
- Missouri lawmakers again try to kick Planned Parenthood off Medicaid
Latest articles
Lewandowski hat trick gives Barcelona comeback victory over Valencia
China urges citizens to buy new appliances to boost consumer spending — Radio Free Asia
Jury: BNSF Railway contributed to 2 deaths in Montana town
I left my McDonald's Big Mac out for a year
'The Tortured Poets Department' gets largest streaming week ever
49ers GM hopes to get Brandon Aiyuk contract extension done sooner rather than later
LINKS
- Google parent reports another quarter of robust growth, rolls out first
- Biden celebrates computer chip factories, pitching voters on American 'comeback'
- Body believed to be that of trucker who went missing in November found in Iowa farm field
- Nadal cruises to straight
- G Javian McCollum transferring to Georgia Tech after leading Oklahoma hoops in scoring
- Bryce Harper homers in return from daughter's birth as Phillies beat Reds 5
- Body believed to be that of trucker who went missing in November found in Iowa farm field
- Google parent reports another quarter of robust growth, rolls out first
- Bob Cole, the voice of hockey in Canada for a half
- I'm a flight attendant