CEOs of 48 large companies taking pay cuts this year

https://www.google.com/amp/s/www.gobankingrates.com/money/business/ceos-taking-pay-cuts-companies-survive-coronavirus/amp/

More details in the article, but here are a few examples of CEOs stepping up and sacrificing their own base salaries this year. The article does go on to say that this is mostly a symbolic gesture to show solidarity with their employees since most CEOs get paid the bulk of their earnings in stock options. Also other articles talk about full C-Suites taking pay cuts, along with their Boards.

I would happily take a symbolic gesture of solidarity/compassion/humanity from our CEO.

How about it, Charlie Scharf???

CEO OF REI, 100% of $850K base salary

Wyndham Hotels, 100% of $888,000 base salary

Delta, 100% of $890,000 base salary

GE, 100%of $625,000 base salary

Comment! It's anonymous!

8 replies (most recent on top)

Check their stock options. This is a nice PR move. Commndable but they aing going begging any time soon/

As long as there’s a Wall Street, you’ll need a role that can talk to them. No one said it had to be a C level but that’s how Wall Street likes it. I think all C levels should just lower their salary to some type of level 1 because they should see what they’re paying people.

There is 0 progess and 0 achievements from the execs. My thought is lets start cuts at the top down: CEO and the exec leadership first to go! They are useless and 0 progress with anything and 0 achievements!

They can buy their own facelifts and botox!

@rfi, Hahahahaha!

@weh+16Zs3cbU Makeup, lighting and heavy airbrushing.

Agreed. I wouldn’t mind, though, putting some some public pressure on him however possible.

Charlie is getting paid to be the fall guy if necessary. No way he takes a cut.

Please, he's only in the game because they threw stupid money at him. No chance.

Thread regarding Wells Fargo & Co. layoffs

CEOs of 48 large companies taking pay cuts this year

8 replies (most recent on top)

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