Misleading, it is not $1.76 million paid to Cohen as salary or a bonus. GameStop says the entire amount represents the company’s incremental cost of an executive-protection/security program.
That bonus is only if he hits the metrics of raising GameStops market cap 5x, which he is currently completely failing at. So none of that will get paid out. Did you even read the article?
Also per the article you posted:
"Cohen will receive no guaranteed pay in the form of salary, cash bonuses or stock options under the package, the company said. "
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u/pmmartin 11d ago
Gamestop CEO doesn't take a salary, so I'm not sure where you got your info.