Meta’s new pay plan could deliver hundreds of millions to top executives

Meta Platforms has offered top executives stock options that could pay out hundreds of millions of dollars and are tied to lifting its valuation six-fold to more than $9 trillion, in a bid to retain talent and spur aggressive growth in the AI era.

The options are the social media giant’s first for its top brass and require steep stock milestones. ‌They suggest ⁠Big Tech is ⁠rethinking incentives as it pours hundreds of billions of dollars into data centers and departs from its long-standing reluctance to raise debt to gain an edge in the AI race.

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