Again - a member posts a completely legitimate and accurate comment on Simple Simon's grotesquely over the top annual compensation.
Compensation is compensation - salary, salary and shares paid r free Truss beverages.
Simole Simon has been compensated to the tune of $66 million USD in the last 3 years - Tilray has posted losses of $3.1 BILLION USD. Commons sense suggests that guy working out of his shed could have produced those results - for less than $66 million.
Tather than side with SH members on a valid point - quinlash takes the side of his CEO, just like he did with Hexo's SebastionnSt Loser, the man he called 'visionary'
Youre missing the point quinlash - Simon is not worth the compensation he is receiving, the facts are self evident and while you defend the CEO, like the hood little paid promoter you are - maybe side with the average Joe investor that has lost a lot of cash - while Simon Simply takes in the cash.
Comment by
quinlashon Sep 02, 2024 12:21pm 15 Views
Post# 36205227
RE:Do your own research
CEOs get compensated with both a salary and shares in the company. The shares only benefit the CEO once the market moves the prices higher and then the CEO opts to sell some or all of their shares.
There are various websites available that proved comparisons on the compensation of CEOs so you can look those up for actual numbers. What you are stating does not appear accurate from the quick search I just performed.
The position of CEO requires substantially more skill, experience and business planning skills that what the majority of business people are capable of. You will not find a capable CEO just by sticking up a job posting on some website somewhere.
Anyone with paycheque envy can always start planning their own investment into the education and work experience required for the role and start applying.
If you prefer to invest in companies with low paid CEOs then, by all means, go for it. I'm sure there are lots of companies ran from a garden shed that have CEOs working for free.