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