executive compensation

Elon Musk is speeding toward a $750 million payday — even as Tesla employees are getting slammed by pay cuts and hundreds of hourly workers are furloughed. After getting hit by factory closures that the coronavirus epidemic mandated, Tesla shares have lately been making a comeback, with investors hoping for news that its plant in …

General Motors CEO Mary Barra received a compensation package worth $21.6 million in 2019, 1.1 percent less than the previous year, according to the US automaker’s proxy statement released on Monday. Barra’s pay package included a salary of $2.1 million, stock awards worth $12.14 million, options worth more than $3.5 million and a performance award …

Streaming giant Netflix gave its top brass a hefty pay day in 2019. Netflix founder and chief executive Reed Hastings saw his compensation jump 7 percent to $38.6 million last year, versus pay of $36.1 million in 2018, according to a regulatory filing Wednesday. Hastings’ No. 2, Ted Sarandos, the company’s chief content officer, got …

Best Buy said on Wednesday it would furlough about 51,000 hourly US store employees and that its sales dropped about 5 percent in the first two months of the current quarter, as the electronics retailer kept its stores shut due to the coronavirus pandemic. The company said that starting next week, some corporate employees would …

John Malone’s Liberty Media, which owns SiriusXM, the Atlanta Braves and the Formula One racing circuit, said Chief Executive Greg Maffei scored $44 million in compensation in 2019. Maffei’s pay jumped a whopping 118 percent last year compared with his 2018 pay of $20.2 million, according to an SEC filing Tuesday. The robust jump in …

Disney execs are angry about having to sign new “temporary” contracts reducing their pay up to 30 percent with no end date — even though company chairman Bob Iger is passing up his entire salary and the CEO is taking a 50 percent cut himself. Vice-presidents at Disney usually earn between $150,000 and $200,000 in …