Musk Says Twitter Board Will Be Paid Nothing If He Acquires the Company
Headline from NBC 5 Dallas-Fort Worth
Currently, Twitter spends about $2.9 million in cash and stock awards to board members.
NBC 5 Dallas-Fort Worth's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Harry Wilmerding, DCNF While Twitter is not required to accept Elon Musk’s multibillion dollar offer, the board does hold certain responsibilities to shareholders aimed at maximizing the […]
Elon Musk said in a tweet that Twitter’s board would not be paid if he bought it. “Board salary will be $0 if my bid succeeds, so that’s ~$3M/year saved right there,” he tweeted.