Currently, Twitter spends about $2.9 million in cash and stock awards to board members.
Elon Musk said Twitter's board of directors wouldn't receive compensation for serving if he were to take over the social media company.
"Board salary will be $0 if my bid succeeds, so that's ~$3M/year saved right there," Musk said in a tweet.'s board of directors won't be compensated for serving if he acquires the company.said in a tweetIt's not clear who would be appointed to serve on the board of a Musk-owned Twitter. Currently, Twitter spends about $2.
. Executives do not receive additional compensation for their seats, so that does not include payments for CEO Parag Agrawal and former chief Jack Dorsey.
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