Chris Oster News Today

The gap with workers widened even further as public companies granted top executives rich pay packages partly inspired by Tesla.

updated: Jul 03 2021, 07:05 ist When Andy Jassy is elevated to CEO of Amazon Monday, taking the reins from its founder, Jeff Bezos, it will be one of the most closely watched executive handoffs in years. But a much less heralded — though still deeply meaningful — change has already been underway at the company. Dozens of executives in Amazon’s upper ranks have departed in the past 18 months, many after working there for over a decade. It is an unusual level of disruption inside the busine...