There was no golden parachute for Youngkin, but he didn’t need one. In a firm with more than $230 billion of assets under management — nearly four times Virginia’s annual budget — money flowed freely to top executives. Though Youngkin forfeited more than $100 million in stock options, he received more than $12 million in compensation for 2020, $16 million the year before and $37 million the year before that, according to filings with the Securities and Exchange Commission.

Source: Washington Post August 03, 2021 09:56 UTC