A Promising Challenge To The World’s Richest Man
A good day’s work for a good day’s pay. Should this age-old wisdom define how our workplaces here in the 21st century go about compensating work? More to the point: Should our corporations start applying this common-sense standard across the board, to both front-line workers and our most powerful corporate CEOs?
Kathaleen McCormick will soon let us know, in a turn of events that must have the richest man in the known universe — Elon Musk — more than a little bit uneasy.
McCormick currently serves as the chancellor — top judge — in what amounts to Corporate America’s top go-to judicial body, Delaware’s little-known Court of Chancery.
Why does corporate law so often come down to what judges in Delaware say that law should be?