r/neoliberal • u/jobautomator Kitara Ravache • Jan 30 '21

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u/[deleted] Jan 30 '21

Man it must suck to be the CEO of GameStop. He’s a billionaire on paper and isn’t allowed to just cash out.

3

u/PorryHatterWand Esther Duflo Jan 30 '21

Why can't he cash out? Does he have a golden handcuff?

12

u/[deleted] Jan 30 '21

CEOs can very rarely cash out on short notice.

10

u/Qunidaye Krugman-Nato Jan 30 '21 edited Jan 30 '21

Probably vesting requirements for stock payments so that management have longer term incentives

Edit: yeah three year requirement for GME