The complete cohort of top banking executives earned more than $40 million each last year. https://t.co/mfthpxO0Uk ...

Core Insights - Tesla reported zero federal income tax for 2025 despite having approximately $5.7 billion in U.S. pretax income, highlighting a significant disparity in tax obligations for profitable companies [1][2] - Elon Musk's compensation structure could potentially allow him to earn up to $100 billion over a decade, which is significantly more than the combined salaries of 1.4 million elementary school teachers in the U.S. [1][5] Taxation and Income - The zero federal income tax figure specifically refers to current federal income tax liability in the U.S., while Tesla has paid taxes globally [3] - The lack of federal tax owed is attributed to various legal provisions in the tax code, including research and development credits, accelerated depreciation, and stock option deductions [2][3] Compensation Structure - Musk's pay package is performance-based, meaning he receives no base salary and his earnings depend entirely on Tesla's long-term growth and stock performance [4] - If all performance milestones are met, Musk's compensation could average close to $100 billion per year over a decade, which underscores the potential for significant income disparity [5]

The approval of Elon Musk’s $1trn pay package last year “added urgency to a question that sparks heated debate”, argues Alex Edmans. “How much is a chief executive really worth?” https://t.co/hwWr5D1i2m ...

Core Viewpoint - Bank of America has approved a total compensation of $41 million for CEO Brian Moynihan for 2025, marking a more than 17.1% increase from the previous year [1]. Compensation Details - The compensation package includes a base salary of $1.5 million, with the remainder consisting of equity incentives [1]. - In 2024, Moynihan's total compensation was $35 million [1]. Industry Context - This compensation increase follows similar hikes for top executives at rival firms such as Wells Fargo, Citigroup, and JPMorgan Chase [1]. - The adjustments in compensation come as Wall Street anticipates a strong year for dealmaking while managing complex relationships with the government [1].

Summary of Brighthouse Financial Special Meeting Company Overview - **Company**: Brighthouse Financial, Inc. (NasdaqGS: BHF) - **Meeting Date**: February 12, 2026 - **Purpose**: Special meeting of stockholders to discuss and vote on key proposals Key Proposals Discussed 1. **Merger Proposal** - Proposal to adopt the agreement and plan of merger dated November 6, 2025, involving Aquarian Holdings Six LP, Aquarian Beacon Merger Sub Inc., Aquarian Holdings LLC, and Brighthouse Financial - The board of directors recommended a vote in favor of this proposal [8] 2. **Compensation Proposal** - Advisory vote to approve compensation for Brighthouse Financial's named executive officers related to the merger - The board of directors recommended a vote in favor of this proposal [8] 3. **Adjournment Proposal** - Proposal to approve the adjournment of the special meeting to solicit additional proxies if necessary - The board of directors recommended a vote in favor of this proposal [9] Voting Outcomes - All proposals (Merger, Compensation, and Adjournment) were approved according to the preliminary report from the Inspector of Election - The merger proposal's approval negated the need for adjournment to solicit additional proxies [12] Important Meeting Details - A quorum was confirmed with a majority of shares present either in person or by proxy [5] - The meeting adhered to Delaware law and SEC rules, with procedures and rules of conduct posted on the special meeting website [3] - The final vote totals will be filed in a Form 8-K with the SEC within four business days following the meeting [12] Additional Notes - The meeting was conducted virtually, and personal recording was prohibited [2] - Stockholders were invited to submit questions, but no questions were presented regarding the proposals [9]

In case you had any doubt, a trillion dollars can go a long way. That cash figure, equivalent to a million millions, can cover the combined purchase cost of Apple and McDonald's or buy every residential home in San Diego County. Or, it could snap up tickets to every football game at the University of Nebraska’s Memorial Stadium, with a capacity of 93,000 fans for the next 400 years, even if the Cornhuskers hit the gridiron every day. The $1 trillion figure is gaining traction on social media and among e ...

Core Insights - Goldman Sachs CEO David Solomon received a compensation package of $47 million in 2025, marking a 21% increase from $38 million in 2024, reflecting a rebound in the bank's investment banking activities [1] Compensation Details - Solomon and Goldman president John Waldron each received $80 million in stock-based retention bonuses to ensure their continued presence at Goldman until January 2030 [2]

Core Viewpoint - Goldman Sachs CEO David Solomon has received a $47 million pay package for 2025, reflecting a 21% increase from his previous year's compensation of $39 million, positioning him ahead of JPMorgan CEO Jamie Dimon, who will receive $43 million for last year's performance [1][2] Group 1: Compensation and Performance - Solomon's compensation was announced in a regulatory filing, highlighting "continued and significant shareholder value creation during 2025," with a total shareholder return of 57% under his leadership [2] - Goldman Sachs reported net revenues exceeding $58 billion, marking its second-best year overall, and the investment bank achieved its highest revenue year ever [2] Group 2: Stock Awards - Approximately a year ago, Goldman Sachs awarded Solomon and his deputy, John Waldron, $80 million each in restricted stock units, which are set to vest over a five-year period [3]

Core Insights - Berkshire Hathaway is increasing the salary of its new CEO, Greg Abel, to $25 million annually, marking a 19% increase from his previous compensation [1][2] - This new salary significantly surpasses the $100,000 that Warren Buffett earned during his tenure as CEO [1] - Abel's compensation reflects a broader trend in executive pay, contrasting with Buffett's historically low salary [4] Salary Details - Greg Abel's new salary as CEO is a 19% increase from his previous salary of $21 million in 2024 [2] - In 2023, Abel received a salary of $20 million, and in 2022, he earned $16 million plus a $3 million bonus [3] - Berkshire's Vice Chairman Ajit Jain received the same compensation as Abel from 2022 to 2024, with future compensations for both not yet disclosed [3] Background on Greg Abel - Greg Abel became CEO of Berkshire Hathaway on January 1, succeeding Warren Buffett, who led the company for over 60 years [5] - Abel joined Berkshire in 1999 through the acquisition of MidAmerican Energy and has held various leadership roles, including CEO of Berkshire Hathaway Energy and Vice Chairman overseeing non-insurance businesses [6] - Abel owns approximately $171 million in Berkshire stock and sold a 1% stake in Berkshire Hathaway Energy for $870 million in 2022 [6] Industry Context - The increase in Abel's salary highlights a shift in compensation structures within traditional companies, especially when compared to the substantial incentive packages seen in the tech industry, such as Elon Musk's $1 trillion package approved by Tesla shareholders [4] - The disparity in executive compensation illustrates changing norms in how companies reward their leaders [6]

Summary of Jamf Holding Corp. Special Meeting of Stockholders Company Overview - **Company**: Jamf Holding Corp. (NasdaqGS: JAMF) - **Meeting Date**: January 8, 2026 - **Meeting Type**: Virtual Special Meeting of Stockholders Key Proposals Discussed 1. **Merger Proposal**: - Proposal to adopt and approve the agreement and plan of merger dated October 28, 2025, involving Jamf, Jawbreaker Parent, Inc., and Jawbreaker Merger Sub, Inc. [8] - Approval requires a majority vote from the holders of outstanding shares of Jamf Common Stock entitled to vote [10]. 2. **Compensation Proposal**: - Proposal to approve, on a non-binding advisory basis, the compensation related to the merger for Jamf's named executive officers [8]. - Approval also requires a majority vote from the shares present or represented by proxy [11]. 3. **Adjournment Proposal**: - Proposal to approve one or more adjournments of the meeting if necessary to solicit additional proxies [9]. - This proposal was deemed unnecessary as the first two proposals were approved [13]. Voting Results - A quorum was established with more than half of the 134,076,214 shares of Jamf Common Stock present in person or by proxy [6]. - Each of the proposals received the requisite number of votes for approval [12]. - The results will be reported on Form 8-K to be filed with the SEC [13]. Additional Information - The meeting was conducted to facilitate stockholder attendance and participation through a live audio webcast [2]. - Stockholders were provided with a certified list of those entitled to vote, which was available for inspection during the meeting [5]. - The meeting concluded with expressions of appreciation to stockholders and the management team for their support and efforts [14][15].