Drone Firm Aerodrom Rehires Founder at Four Times Average Salary
Translated & summarized from TheMarker by baba
Drone company Aerodrom rehired founder Roi Dagan as a consultant at a salary four times the national average. The company used a regulation exempting compensation at the average monthly wage from shareholder approval. This regulation was intended for full-time positions, and Dagan's pay exceeds the average even for part-time work.
The story in 4 lines · by baba
- Aerodrom rehired founder Roi Dagan as a consultant at four times the average salary.
- The company bypassed shareholder approval for Dagan's return.
- Aerodrom cited a regulation exempting compensation at the average monthly wage from shareholder approval.
- The regulation is intended for full-time positions, not part-time roles like Dagan's.
Drone company Aerodrom has brought back its founder, Roi Dagan, as a consultant, paying him four times the average Israeli salary. The company bypassed shareholder approval for Dagan's return, citing a regulation that exempts compensation equal to the average monthly wage from such approval. However, this regulation is intended for full-time positions, and Dagan's salary significantly exceeds the average, even for a part-time role.