It's a very interesting topic, but clearly the investors/board got what they wanted so they are giving him the payout. It was tied to a goal and they got that goal. So presumably the people paying are happy to pay him that amount.
Would he have reached/pushed for a particularly aggressive goal for less? Could someone else have achieved that goal for less?
No doubt there is some element of personal relationships between everyone in the compensation committee and the ceo.
Would he have reached/pushed for a particularly aggressive goal for less? Could someone else have achieved that goal for less?
No doubt there is some element of personal relationships between everyone in the compensation committee and the ceo.