![](https://clsbluesky.law.columbia.edu/wp-content/uploads/sites/2/2022/11/li-e1667838007823.jpg?w=233)
![](https://clsbluesky.law.columbia.edu/wp-content/uploads/sites/2/2022/11/peng-e1667837914814.jpg?w=150)
![](https://clsbluesky.law.columbia.edu/wp-content/uploads/sites/2/2022/11/wang-e1667837856330.jpg?w=150)
What CEOs Really Get Paid under Long-term Incentive Plans
U.S. public firms increasingly use long-term performance-based plans to compensate CEOs. Under these plans, CEOs are expected to receive different levels of pay based on how the firm performs relative to various performance goals over multi-year periods. For example, Tesla …