Good morning. Executive pay packages are increasingly being reengineered around explicit, measurable performance targets, sometimes including stock price gains.
Take Christy Schwartz, who became Opendoor’s CFO on Jan. 1 after serving as interim CFO, chief accounting officer, and VP of corporate control. Her initial base salary is $1.2 million through May 15, then drops to $500,000 annually, plus a $100,000 sign-on bonus.
