The amount of money that 's CEO would get if the company is sold and he's replaced is now a jaw-dropping $926 million, a 9,751 percent rise from his proposed severance of $9.4 million in 2019. Stephane Bancel's 'change-in-control' package was approved at the end of last year by the Massachusetts-based company's board of directors, reports.Most of the parachute - $922.5 million, to be exact - is in the form of stock, which has yo-yoed during the pandemic. The rest includes a cash payment of $1.5 million and a bonus of $2.5 million.
Load More
Load More