Massive paydays for tech CEOs could face investors' wrath

$Amazon(AMZN.US)$ $Meta Platforms(FB.US)$ $Twitter (Delisted)(TWTR.US)$
Shareholders in some of the world's biggest tech companies will vote next week on top executives' compensation, as influential advisory services urge them to fight the massive paydays.
About 66% of $Intel(INTC.US)$ shareholders voted against the chip maker's executive pay structure last week, including compensation of $178 million for Chief Executive Pat Gelsinger, according to a filing with the Securities and Exchange Commission this week. Investors in other tech companies seeking to speak out against hefty executive compensation have backing from shareholder advisory firms Institutional Shareholder Services, or ISS, and Glass Lewis, which are both urging Amazon investors to vote against the company's executive-compensation program, saying executive pay is not aligned with performance.
New $Amazon(AMZN.US)$ Chief Executive Andy Jassy, who was promoted last year after company founder Jeff Bezos stepped aside as CEO, was awarded an equity grant worth $214 million. Jassy's stock grant vests over 10 years, starting in 2023, but ISS noted in its proxy paper that the company's compensation program is entirely time-based, does not have preset performance criteria, and that it is unclear whether Jassy will continue to receive additional equity awards during the next decade.
ISS is also recommending that investors vote against the executive compensation program of $Meta Platforms(FB.US)$ 's parent company, saying that Meta appears to determine compensation at the discretion of the board committee;