Part 2/7:
The figures are staggering. Tavares' compensation package reportedly grew by 37% last year to nearly $24 million, including €2 million in severance and an additional €10 million in bonuses for achieving corporate milestones. This comes after the company struggled with declining sales, particularly in the U.S. market, where aggressive pricing strategies did more harm than good. It raises an unsettling question: How can a CEO, who presided over such failures, walk away with a golden parachute?