The new CEO and Chief Restructuring Officer of FTX, John J. Ray III, has an hourly rate of $1,300

ChainCatcher news, documents from the U.S. Bankruptcy Court in Delaware show that FTX's new CEO and Chief Restructuring Officer John J. Ray III has an hourly rate of $1,300.

According to the documents, "John J. Ray III's services are retained under the agreement between Owl Hill Advisory, LLC and the debtor (the CEO Agreement). Under the terms of the CEO Agreement, Owl Hill will provide Ray as the debtor's CEO, but Mr. Ray will still be an employee of Owl Hill, and under the CEO Agreement, the debtor will pay a current hourly rate of $1,300." (source link)