aerial view of the law school, business school and East Bell Commons on the CWRU campus at dusk

Law’s Eric Chaffee comments on Elon Musk’s $56 billion pay package

Elon Musk’s next move in ‘extraordinary’ $56 billion salary battle
NewsweekEric Chaffee, professor and the Peter M. Gerhart Distinguished Research Scholar at the School of Law, described Elon Musk’s $56 billion pay package as “enormous and unprecedented.” While courts often uphold high executive compensation, Chaffee noted limits exist, and Musk’s package crossed them. He emphasized that Musk’s case highlights growing concerns about skyrocketing executive pay in the U.S.