Replies to post #13884 on Trump Media and Tech Group (Politics Allowed~Non-M (DJT)

[satter]

Well, actually Nunes got paid a healthy salary and will or has received a lucrative bonus this month (April). They are losing so much money but Nunes has no problem draining the business and rewarding himself for such a pathetic performance. Bonus? Aren’t bonus because you made money for the company? Sounds like someone is skimming before profits.

Three people on Trump Media’s seven-member board of directors have been compensated with either stock or cash or both.

Devin Nunes, Trump Media’s chief executive and president, received 115,000 shares, worth about $4.3 million. He was paid a $750,000 salary last year that increased to $1 million this year.

Nunes, a former Republican congressman from California, also will receive a $600,000 lump-sum “retention bonus” this month. A bonus agreement signed by Nunes said the money was designed to help “ensure the continuity” of Trump Media’s business.

https://www.washingtonpost.com/technology/2024/04/07/trump-media-truth-social-payout/