> Reminder that Vlad Tenev received $800M in compensation in 2021
No he did not in fact receive $800m. You seem to know a lot about the performance of RH stock, but you’ve completely missed the fact that the poor performance means he won’t be seeing that $800m worth of stock - almost none in fact.
He got a comp plan that could get him up to that much in stock if certain goals were met, but none of those have been met so he hasn’t gotten any of that $$.
Suffice it to say, if he had met those goals, they wouldn’t be laying off anyone, as their stock price would be sky high.
No he did not in fact receive $800m. You seem to know a lot about the performance of RH stock, but you’ve completely missed the fact that the poor performance means he won’t be seeing that $800m worth of stock - almost none in fact.
He got a comp plan that could get him up to that much in stock if certain goals were met, but none of those have been met so he hasn’t gotten any of that $$.
Suffice it to say, if he had met those goals, they wouldn’t be laying off anyone, as their stock price would be sky high.