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Posted On: 03/29/2020 3:41:30 PM
Post# of 82692
From today's Washington Post:
"Delta Air Lines CEO Ed Bastian will get no salary for six months and is having all company officers take a 50 percent pay cut through June 30; other managers are seeing 25 percent cuts. Marriott CEO Arne Sorenson said he would not take a salary for the rest of 2020 and the hotel chain’s executive team would get half-pay. Dick’s Sporting Goods said that its CEO and president would receive no salary, only benefits, effective March 29; the chief financial officer’s base salary was cut in half, while the base pay of other senior managers and salaried employees would be “temporarily reduced by graduated amounts,” the company said in a filing."
"Delta Air Lines CEO Ed Bastian will get no salary for six months and is having all company officers take a 50 percent pay cut through June 30; other managers are seeing 25 percent cuts. Marriott CEO Arne Sorenson said he would not take a salary for the rest of 2020 and the hotel chain’s executive team would get half-pay. Dick’s Sporting Goods said that its CEO and president would receive no salary, only benefits, effective March 29; the chief financial officer’s base salary was cut in half, while the base pay of other senior managers and salaried employees would be “temporarily reduced by graduated amounts,” the company said in a filing."
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