Restoration Hardware CEO’s $66 million package raises eyebrows
May 16, 2014
It’s good work if you can get it. Gary Friedman, CEO of Restoration Hardware, earned $36.5 million in salary, incentive awards and stock options. He also made another $29.5 million from vested shares in the company.
Recent News
Tesla Lays Off Over 10% of Workforce
Tesla announced significant layoffs on Sunday night, affecting over 10% of its global workforce. Some employees discovered they were laid off when their badges failed to grant them access to company facilities.
Rising Inflation Concerns Rattle Markets and Policymakers
Inflation is on the rise, catching many by surprise as prices climb stubbornly higher. Markets, investors, and economists alike are grappling with the unexpected inflation pressures that have marked the start of 2024.
Mercedes-Benz Unveils Upgraded 2025 EQS Electric Sedan
Mercedes-Benz has announced significant upgrades to its EQS electric sedan for the 2025 model year.
Momofuko Will No Longer Enforce Chile Crunch Trademark After Small Business Blowback
The restauranteur has backed down from enforcing his Chile Crunch trademark.