• Banda@lemmy.world
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    1 year ago

    Ryan specifically says

    “I’m not getting paid, so I’m either going down with the ship or turning the company around. I much prefer the latter.”

    I assume he’s not taking a salary for his role. I highly doubt that extends to the rest of the c suite though.

    • hyperhopper@lemmy.ml
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      1 year ago

      But is he getting a hefty stock based compensation package? Can he sell those stocks before he bails?

      • AliasAKA@lemmy.world
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        1 year ago

        Yes, and he’ll do the old “force austerity to temporarily drive up profit margins for a quarter or two, then once it’s clear the next quarter will be crap, sell all of the stock that was awarded (auspiciously with a very short vesting window, if not just given outright)”

        Typical bs, probably worth shorting this stock over the next year or so

      • snooggums@kbin.social
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        1 year ago

        Yes, and that is the same thing as being paid even if the CEO pretends that it isn’t.