Meta executives could earn $1 billion each if they hit goals in pursuit of a $9 trillion valuation
The moonshot compensation packages awarded to executives like Tesla CEO Elon Musk, Axon CEO Rick Smith, and DoorDash CEO Tony Xu in latest years have adopted a predictable script: They promise astronomical pay if the chief of a firm hits audacious monetary targets. The thought behind moonshot pay is that standard salaries and bonuses don’t…