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The current CEO of FTX received a compensation of $363000 in bankruptcy restructuring work on the exchange last month

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2024-04-05 06:59:37
According to a court document submitted on Thursday, FTX CEO John J. Ray lll was paid $1575 per hour last month for his supervision of the exchange's bankruptcy. From March 1st to March 31st, Ray worked 231 hours and earned a total salary of $363825. According to the monthly staffing report, Ray's job includes weekly phone calls and face-to-face board meetings to manage bankruptcy restructuring work, as well as hosting weekly phone calls and meetings.