In early March, I made the case that there’s no greater vote of confidence in a company’s growth prospects than when its top officers put some skin in the game and buy their own company stock. Among the examples I used were Warren Buffett, who owns millions of shares in Berkshire Hathaway; Elon Musk, who purchased over $100 million worth of Tesla stock in 2013; and myself, the largest shareholder of U.S. Global Investors.
Another example of how bullish an executive is on his own company is when he chooses to forego a base salary entirely and instead be compensated in company stock.
The most recent chief executive officer to receive such compensation is American Airline’s Doug Parker.
Read more at Iris.xyz.