BT CEO Allison Kirkby's pay and bonus package surged to £5.6m, more than double her previous year's earnings. The award, the largest for a BT boss in over a decade, reflects the company's improved share price following a restructuring and network investment.
Palo Alto Networks shareholders have rejected CEO Nikesh Arora's pay package seven times since 2015, the most in the S&P 500. Despite investor opposition and proxy firm warnings, the company's board defends the compensation, citing strong financial results and Arora's alignment with shareholder interests.
Arm CEO Rene Haas is eligible for a pay package potentially worth over $1bn by 2031, including an $800m bonus if the microchip firm reaches a $2tn market capitalization. This reflects a trend of high executive compensation in US tech companies.
Tesla CEO Elon Musk's $158 billion compensation package for 2025, which could reach $1 trillion if performance targets are met, highlights extreme economic inequality. While US CEOs now earn 280 times average worker pay (up from 20x in 1965), workers face stagnant wages and AI-driven job fears. Tesla hit none of its performance targets last year, yet shareholders approved the package to motivate Musk, reflecting unsustainable economic trends.
The Delaware Working Families Party is endorsing six primary challengers against incumbent Democratic state lawmakers who supported SB 21, a 2025 corporate law change critics dubbed the 'billionaires bill.' The law altered how companies can use independent directors and limited shareholder records access, benefiting executives like Elon Musk and Mark Zuckerberg who faced shareholder litigation in Delaware. Musk relocated Tesla's incorporation out of state during the dispute. The party aims to move Delaware 'more in the direction of working class people.'
Warner Bros Discovery shareholders approved a US$110 billion merger with Paramount Skydance but rejected executive compensation plans. CEO David Zaslav could receive up to US$887 million if the sale closes. The US Department of Justice sent subpoenas in late March, with both Washington and London set to examine competition impacts.
Tesla has revoked the $29 billion interim pay package given to CEO Elon Musk in August 2025, after the Delaware Supreme Court restored his original $56 billion compensation award from 2018. The company had created the interim package as a hedge against the possibility of the court rejecting Musk's appeal. The board voted without Musk or his brother Kimbal present, citing the 'no double dip' principle that prevents Musk from receiving a windfall.
