Re:Every company should be owned by its employees
by dheera on Thursday July 25, 2024 @01:19PM
(#41071081)
What do you have against him?
I say give him the 30 million dollar package because he's the only guy I can think of that has hope of turning NVDA into a a 10 trillion dollar company in a few years and I can't think of any other CEO that would do better than him.
And sure, maybe at that point his comp will be 300 million, that's fine, my NVDA stock will 10X as well and I'll be more than happy.
Re:Every company should be owned by its employees
by ozgrakkurt on Friday July 26, 2024 @08:58AM
(#41078243)
He deserves massive incentive because he is basically nvidia. There is no other person the shareholders would want to see as the CEO. Company is hugely successful so they have to pay him a lot of money to keep him, works the same if you are a wanted employee, maybe not quite the same amount of leverage though.
Agreed it is not about the risk
But that is his stock he kept from founding the company. Not today.
He should of course still be CEO of Nvidia and get the money(stock awards), because unlike others, Nvidia execution is excellent (see market cap) and has been for decades, but that is not really any risk for him personally.