Inside Track: How Companies Can Steer Clear of 'Executive Pay Landmines'
"While investors have long taken issue with Netflix's executive pay, the compensation structure is more egregious against the backdrop of the strike," Writers Guild of America West President Meredith Stiehm told the company's shareholders.
July 20, 2023 at 04:27 PM
3 minute read
The original version of this story was published on Law.com
The indoor-farming company AppHarvest's first two years as a public company have gone dismally, with losses totaling $375 million and the stock price falling to 35 cents.
So this might seem like an odd time for the board to vote to give itself a nice raise and to dole out nearly $2.5 million in special bonuses for four senior executives, including $850,000 for chief legal officer Gary Broadbent.
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