If you make $100,000 for 40 years straight that is $4M. This dude made $21M in a single year. Ford’s share buyback program in 2022 totaled $484M. GM’a share buyback program totaled $3.4B in the past twelve months. We live in a fucked up world. Meanwhile, Ford/GM/Stellantis employees cannot afford to even buy the vehicles they make or feed themselves decent food.
No one should earn that kind of money period.
Total revolution needed. Workers that do the real thing barely can feed their mouth, while those useless management ceo got huge cut
It probably will bankrupt him. But only because he built his business on the basis of exploiting employees. He won't make money if he doesn't do that. Which of course means he shouldn't be in business.
Salaries should by law be capped at max 10 times the lowest