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Why Elon Musk’s $50 billion payday scandal matters
FromThe Decibel
ratings:
Length:
23 minutes
Released:
Jun 20, 2024
Format:
Podcast episode
Description
Last week, Tesla shareholders voted to approve a huge pay package for CEO Elon Musk that a judge previously struck down. If the payout is approved, Musk will receive company shares worth around US $50-billion. Last year, Loblaw’s CEO was paid more than $22-million. These pay packages are supposed to act as incentives for reaching company targets, but most executives can still receive these massive payouts even if they don’t meet their company’s objectives.David Milstead is a reporter and columnist with The Globe’s Report on Business. He joins the show to discuss why big paydays for executives still happen – and why they matter – even in instances of corporate failure.Questions? Comments? Ideas? E-mail us at thedecibel@globeandmail.com
Released:
Jun 20, 2024
Format:
Podcast episode
Titles in the series (100)
Ukrainian refugees find help in tiny neighbouring Moldova: As fighting rages on in Ukraine, hundreds of thousands are seeking refuge in a number of neighbouring countries. On Feb. 28, the head of a UN agency said that more than 500,000 people have fled since the start of the Russian invasion. Cars have lined up for more than 10 kilometres at certain checkpoints, while others have had no choice but to walk – sometimes, for 50 km – to escape. Moldova is one such country accepting refugees. According to the Moldovan Border Police, 70,000 people from Ukraine have entered the country since the start of the conflict. International correspondent Nathan Vanderklippe reports from that tiny, landlocked country about the people fleeing Ukraine and how bordering countries are responding to the crisis. by The Decibel