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Since it’s a non-profit there are no shares or shareholders and he has no equity, ie the salary is the only way he financially benefits from the success of the
by philipps 6y ago
Since it’s a non-profit there are no shares or shareholders and he has no equity, ie the salary is the only way he financially benefits from the success of the organization. 800k is a lot of money but it doesn’t seem outlandish to me, considering the impact and popularity. Why should you need to choose between doing good and doing well?
- macspoofing 6y agoThat's all well and good until you start asking for extra donations during a pandemic that will be followed by a major recession. If you are going to do that, you should probably make a gesture as well. CEOs of various companies have been cutting their pay as a gesture for the duration of the pandemic.
- kyawzazaw 6y agoCEOs at other companies have other types of compensation through stocks and bonus pays, years before. Sal Khan's societal impact is huge.