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A comment on CEOs’ pay climbed before layoffs at tech giants like Alphabet and Microsoft. Parent comment

Re:CEOs’ pay climbed before layoffs at tech giants like Alph... by SteveNuts on Saturday August 05, 2023 @07:17PM (#37017177)
And then you get guys like Bill McGuire who get caught backdating stock options. His punishment? A $1.6Bn golden parachute of course.

https://en.m.wikipedia.org/wiki/William_W._McGuire#UnitedHea...

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Re:CEOs’ pay climbed before layoffs at tech giants like Alph... by jvmfjvfjvf on Saturday August 05, 2023 @07:48PM (#37017408)
He did not get a golden parachute. He was compensated that amount over time. He grew a company from $400MM in revenues to $70Bn and was rewarded $1.6Bn for it. I fail to see any issue with this.
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Re:CEOs’ pay climbed before layoffs at tech giants like Alph... by SteveNuts on Saturday August 05, 2023 @08:09PM (#37017562)
I mean, he broke the law. I'd consider every dime of his payout to be ill gotten gains.
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