When companies say that their executives will take a pay cut, I always wonder if that is just on base pay or also their stock compensation. “Executives are taking a 30% pay cut, and Stoppelman will not receive a salary this year.” Because it sounds like just a cash cut.https://twitter.com/rolandlisf/status/1248338888982032386 …
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who in this case is already a wealthy PayPal Mafia CEO-founder. I imagine the equation is quite different for a Zuck or Chesky to stop taking a salary vs a for-hire CEO with far less tenure.
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