Stock Focus Report (Reuters) -Tesla’s attempt to seek a shareholder re-vote on CEO Elon Musk’s record-breaking pay that was voided by a Delaware judge in January has once again put the spotlight on CEO compensation in corporate America. Unlike the conventional packages, Musk’s $56 billion pay did not include a salary or cash bonus. Instead, it sets rewards based on Tesla’s market value rising to as much as $650 billion over the next 10 years from 2018. Despite a recent dip in Tesla’s stock shrinking the pay value to about $40 billion, the package remains much bigger than CEOs of other major U.S. companies.
Below is a list of total compensation of CEOs of top 10 U.S. companies on market capitalization basis:
(Reporting by Tom Hals in Wilmington, Delaware, Jaspreet Singh and Zaheer Kachwala in Bengaluru; Editing by Lisa Shumaker and Arun Koyyur)
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