TechFlow news on November 21: According to documents submitted on November 19 to the U.S. Bankruptcy Court for the District of Delaware and cited by Watcher.Guru, FTX's new CEO John J. Ray III earns an hourly rate of $1,300. The document states: "The services of John J. Ray III are retained pursuant to an engagement letter (the 'CEO Engagement Letter') between Owl Hill Advisory, LLC and the debtor. Under the terms of the CEO Engagement Letter, Owl Hill will provide Mr. Ray's services as Chief Executive Officer to the debtor, although Mr. Ray will remain an employee of Owl Hill. Under the CEO Engagement Letter, the debtor will pay a current hourly fee of $1,300..."
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