Part 3/9:
The structure of performance-based compensation appears to have backfired in this instance. While many firms in the U.S. tie executive pay to performance metrics to align interests, Lucid's case exhibits how such systems can permit external gains for CEOs while leaving investors in the lurch. Rollinson’s compensation package was 11 times that of General Motors’ CEO Mary Barra, further highlighting the disparities often present within the automotive industry.