More CEOs Emulate Elon Musk's Risky Pay Packages Amid Concerns From Compensation Experts
ByAinvest
Monday, Oct 6, 2025 2:53 pm ET1min read
AXON--
Axon CEO Rick Smith's moonshot pay plan, similar to Elon Musk's at Tesla, was granted despite concerns from his wife. Smith was tasked with growing the company 10-fold over 10 years or achieve 8 revenue-based operational or adjusted-Ebitda-based goals. He succeeded in 5 years and was the highest-paid CEO last year with compensation valued at $165 million. Smith directed $88 million to be granted to lowest-paid workers.
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