Elon Musk got his mega-pay package, but Marc Benioff might not be so lucky
CEOs’ cups runneth over, largely because they’re serving themselves. And the billionaire CEO of Salesforce, Marc Benioff, is no exception. But it seems as if Benioff’s spree is slowing down ever so slightly, as his shareholders just pumped the brakes on his latest hefty compensation package.Alongside the suggested pay plans of other Salesforce executives, Benioff’s proposed compensation was rejected by 404.8 million votes , according to a Securities and Exchange Commission filing published on Monday.While the board encouraged shareholders to accept said proposal, two shareholder advisory companies, Glass Lewis and Institutional Shareholder Services, suggested otherwise, according to CNBC. The shareholders’ vote, however, is not binding, meaning Benioff could still get his million-dollar bonus.Gerber, a shareholder himself, excoriated the Tesla board ahead of its second vote. “Not only is the board not independent, they basically work for Elon,” he told Fox Business. “At some point, you