Khosrowshahi, who has been at the helm of Expedia since 2005, had almost $185 million in unvested stock options when the offer was made Sunday. He probably wouldn’t forgo that kind of money unless Uber could offer him more. Executives are usually given a salary, with much of the compensation tied up in stock awards. This is designed to motivate them to grow the company’s value and to stay in the job.
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Khosrowshahi, who has been at the helm of Expedia since 2005, had almost $185 million in unvested stock options when the offer was made Sunday. He probably wouldn’t forgo that kind of money unless Uber could offer him more. Executives are usually given a salary, with much of the compensation tied up in stock awards. This is designed to motivate them to grow the company’s value and to stay in the job.