According to the National Association of Corporate Directors, the average compensation drawn by board members among America’s 200 largest companies stood at $329,351 in 2023. The company’s board, however, drew questions last year when Amalgamated Bank signed a shareholder letter in April urging Tesla board members to increase their “meagre oversight” of Musk. He was accompanied on those visits to the Austin, Texas-based 5-star hotel with his friend and Tesla board member Joe Gebbia. Before he took the drug, Musk’s security team asked people to leave the floor for his privacy, the report claimed. Some of the board members are concerned about the potential harm it could cause, the WSJ report said.

Source: Wall Street Journal February 04, 2024 17:11 UTC