![]() ![]() Additionally, there were a variety of devices that needed in-house engineering like lasers, receivers, scanning mechanisms, and processing electronics. RELATED: The Difference Between “Your” & “You’re” Earned These Two Mates $6. Under the leadership of Austin Russell, Luminar spent its first five years in stealth mode, avoiding the media spotlight for the sake of maintaining secrecy around its lidar sensors. Chinese auto giant SAIC Motor plans to use Luminar sensors in high-tech line of vehicles Luminar co-founder and CEO Austin Russell says it is absolutely. “Prescott was also joined by two other lawyers – Katharine Martin and Alexander Phillips – who received compensation packages as high as $636,000 in 2021.” “Having previously worked on high-level positions at companies like Ford and Uber, Luminar says that Prescott’s pay package is fitting for his level of experience,” reports Mahnoor Khan of Fortune. That’s US$29.5 million / AU$40.47 million in stock awards, US$205,700 / AU$282,200 cash in hand, plus another US$50,000 / AU$68,600 bonus, the company’s 10-K filing has revealed. Austin Russell – the world’s youngest self-made billionaire and founder of self-driving startup Luminar Technologies – has taken competing against Elon Musk to the next level by poaching former Tesla lawyer Alan Prescott.Īccording to Bloomberg, in exchange for accepting his new post as Luminar Chief Legal Officer, Prescott was offered an eye-watering compensation package valued at approximately US$30 million / AU$41.15 million. In addition to the Company, certain Luminar board members and management, led by Founder and CEO Austin Russell, intend to purchase LAZR shares in the open market or as part of pre-arranged stock.
0 Comments
Leave a Reply. |