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[-] DaddleDew@lemmy.world 10 points 2 months ago* (last edited 2 months ago)

"Bought them out" is a weak word too though. He placed loyal people on the board and had them vote to give him control of the company.

And now he has been having them vote to give him absurd unseen before "salaries"

[-] UnderpantsWeevil@lemmy.world 2 points 2 months ago

He placed loyal people on the board and had them vote to give him control of the company.

He could place loyalists on the board because he bought a controlling interest in the company.

And now he has been having them vote to give him absurd unseen before “salaries”

The latest compensation package has virtually unattainable sales targets. And the compensation is almost entirely in equity that assumes a monumental increase in stock valuation.

If he can manage it, I'd be tempted to say he earned it, except I know he'll only "hit" the target by lying and market manipulation that will collapse as soon as he hits his mark.

this post was submitted on 29 Dec 2025
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