I think you are spot on is saying that Marc Lustig has something to deliver that was worth the $.
We may have some misgivings about the repricing of the options and the expensive financing and dilution, caved stock price, and all.
Against this backdrop, Suresh authorized a fat check for Mr. Lustig. This was a bold move. I can't imagine the conversation with Suresh, but it must have been amazing.
Suresh knows what Luxshare, Foxconn, and all the other ventures mean and whether he needed some shiny object that Lustig intends to deliver.
I am betting with Suresh.