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Twitter board members' salary will be $0 if I acquire the company: Musk
short by Hiral Goyal / on Monday, 18 April, 2022
World's richest person Elon Musk said on Monday that Twitter's board of directors will not receive any compensation if he succeeds in acquiring the company. "Board salary will be $0 if my bid succeeds, so that's ~$3 million/year saved right there," he tweeted. Twitter currently spends about $2.9 million in cash and stock awards to board members, as per filings.
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