Many founder CEOs take little or no salary or direct compensation for their jobs. Owning a big percentage of the stock is enough motivation to make the company more valuable.
Mark Zuckerberg, Steve Jobs and Jack Dorsey have all at times taken $1 annual salaries.
But Zuckerberg still received more than 24 million in benefits from Meta. Another bluff. It is like saying you have 1$ salary while company is covering all your personal expenses.
Actually it will be better, more transparent if he received 24M salary instead of using benefits and bragging about $1.
Owning company stock or getting a salary doesn't really matter in this case. Both are compensation.
People also get up in arms on stock grants. Look at the recent Musk case. Regardless of what you think of Musk, any TSLA investor should be ecstatic with what he did with the stock. He took most of his salary in stock and now they want it back. The main reason the numbers sound big is because the stock grew so much.
Mark Zuckerberg, Steve Jobs and Jack Dorsey have all at times taken $1 annual salaries.