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‘Life-changing wealth’ stopped Denholm standing up to Musk: judge

Paul Smith
Paul SmithTechnology editor

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Tesla’s Australian chairwoman Robyn Denholm was blasted by a US judge for a “lackadaisical approach” to governance at the electric carmaker as she voided Elon Musk’s record $US55 billion pay package.

The Delaware judge agreed with a shareholder complaint that the Tesla founder’s pay package was excessive and painted a picture of a board that was financially reliant on its Tesla riches.

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    Original URL: https://www.afr.com/technology/life-changing-wealth-stopped-denholm-standing-up-to-musk-judge-20240131-p5f1ci