Chelsea Seriously Paid Because She Simply Exists [Watch]
Black& Blonde Media
It must be nice to be Chelsea Clinton because you can be paid serious money for not really having done anything that merits a generous compensation.
Expedia names Chelsea Clinton to board of directors
In a public filing posted Friday, the travel site said it named Clinton — the daughter of Hillary Clinton — as a member of its board on Thursday. Expedia (EXPE) said Clinton will be paid “in accordance with the company’s standard compensation policies” for board members.
According to an Expedia proxy statement from August, non-employee directors were paid a $45,000 “annual retainer” and awarded $250,000 worth of stock in 2015.
She has no business or communications background, and she certainly isn’t a master of the art of ballet. Yet all of these companies found it valuable to name her to their boards of directors, paying her handsomely for the honor.
— CNN Money, 3/17/17
But this is nothing new and should not be a surprise as this topic was visited before.
Chelsea Clinton had a $600,000 annual contract at NBC News, Politico reports, where she served as a “special correspondent” and was deemed to be mostly useless, if not “one of the most boring people of her era.”