WASHINGTON (February 8, 2024) – Following up on CNBC’s reporting at the end of January, “A Delaware judge on Tuesday voided the $56 billion pay package of Tesla CEO Elon Musk, ruling that the company's board of directors failed to prove "that the compensation plan was fair" or show much evidence that they had even negotiated with him.”
For more context on the matter, please consider Omari Scott Simmons, Professor of Law at the George Washington University Law School. Simmons is and leading expert in corporate governance and higher education. His work is utilized by scholars, courts, policymaker, and practitioners. His research explores emerging corporate directors, intermediaries, and business courts. Professor Simmons can discuss a wide range of business law topics, namely Delaware Business Courts.
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