The Latest Breaking News from Kathaleen McCormick

Top execs are paid mostly through stock incentives, and their pay has ballooned far beyond their workers' earnings

Tesla stock has been on a tear, but the Delaware court decision on Chief Executive Elon Musk's pay package could curb enthusiasm.

Remember Elon Musk's $56 billion payday? I know what you're thinking: not this news again. But, yes, this news again—Musk's multi-billion-dollar pay package is once again a topic of debate. More than five months after it fell off the news cycle, things aren't looking great for ol' Elon despite the…

After Elon Musk’s CEO pay package, currently worth over $100 billion in stock, was struck down once more, Tesla will argue its case before the state’s supreme court.

Kathaleen McCormick in Delaware rules Musk not entitled to vast sum despite Tesla shareholders voting to reinstate it

A US judge on Monday upheld her decision to reject Elon Musk's massive $55.8 billion compensation package at Tesla, denying an attempt to restore the pay deal through a shareholder vote.

The saga over a 2018 pay package for Elon Musk valued at $56 billion makes headlines again with a Delaware judge again rejecting the plan.

'Hot damn, I love you guys,' Musk told investors after they overwhelmingly approved a controversial $55.8 billion pay deal.

Although shareholders have backed chief executive’s remuneration deal, doubts remain over whether he will be able to access share-based package