New Hire Executive Pay?

When EM hired an outsider to be CFO, she was awarded millions in EM stock then 5 months later another huge amount of EM stock such that she was compensated more that $12 million in first 5 months at EM.

These are traceable by SEC filings.

This was made public and it seemed outrageous that this new hire should be paid over $12,000 per hour which is over $200 per minute.

The next two New Hire Executives do not have any such SEC filings. Has EM started compensating them differently so the outrageous amounts do not get made public?

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Your math is way off. NSI for you.

KM made nearly $19 million in first 6 months as New Hire.

KM was paid over $310 per minute as a new hire.

One last perspective on the scale of that pay, KM was paid $150,000 per day during her New Hire Orientation.

Numbers above are just based on Stock bonuses, salary is on top of those.

None of the other Executive New Hires have stock bonuses reported to SEC.

What other means of compensation could they be given that is not SEC reported?

I wonder if EM would be just as successful hiring a $6000 per hour person.

Would a $20,000 per hour person perform much better?

Very small price to pay (rounding error) for someone who brings skill and much needed relevant experience to the organization — in the land of the blind, the one eyed man is king!

Private jet down to South Beach Marina, silly.

'Under the table' for the newest execs, it seems.
Like at a pizzeria or lawn-mowing outfit.
Or maybe they're 'pro-bono.'
Or tejas overrode the regulatories and congress again.

At any rate, you can see each of their twin mid-yachts parked outside Galveston.

New Hire making $12,000 per hour!

Hard to believe any human could contribute enough to justify that much.

Just think if you made $96,000 PER DAY as a new hire, even on unproductive first days.

You would be a millionaire by the time you completed orientation. You would be paid $400 to $1000 for a bathroom break. $3+ every second of the workday.

Mind boggling the value such a person must contribute to justify such pay rate.

$200 per minute for a new hire!

I am guessing those next two hired in at same level would expect similar pay.

Seems that there would be no legal way for EM to pay those second new hires the same and not report that pay to SEC.

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New Hire Executive Pay?

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