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RE: LeoThread 2025-02-27 07:27

in LeoFinance2 days ago

Part 1/9:

The Rise and Fall of Peter Rollinson: A CEO's Controversial Tenure at Lucid Motors

In 2023, Peter Rollinson, the former CEO of Lucid Motors, accrued a staggering compensation of $380 million. This overwhelming figure positioned him among the highest-paid CEOs globally, raising critical questions regarding corporate governance, accountability, and the ethical implications of executive compensation. Despite achieving certain marketing milestones, the reality of Lucid's financial health paints a different picture: the company has yet to turn a profit and continues to report significant losses.

Performance-Based Compensation: A Flawed Model?