Columbia Sportswear CEO takes pay cut to help support employees during coronavirus crisis

Tim Boyle, president and CEO of Columbia Sportswear Company, is cutting his salary to keep his employees paid during the coronavirus crisis.

Boyle reduced his salary to $10,000, Mary Ellen Glynn, Columbia's director of corporate communications, said in a statement. Boyle made $3.3 million in 2018, according to The Oregonian. His decision to take a paycut comes after Columbia Sportswear, like many stores across North America, closed its doors on March 16 following coronavirus restrictions. The company's roughly 3,500 retail employees were at risk of losing their jobs or not getting paid.

Good for you. You are an example for all moral CEOs.

Customer forever! Well done

Aww god love him.. I’m sure the millions he had already in his bank account will keep him ticking by...

literally guillotine

Ah he”ll get paid in the backend when those big stimulus checks come in from the Federal Government!!

CastonChris Wow what a great human

This just made my day. Been a big fan of Columbia for years and will now continue to be. 🙂

If everyone exec in every corp cut their exorbitant salary by half, their would literally billions for the public and it wouldn't make blip on the Economy. The economy is what we decide it is. Lets make balanced for everyone.

👏🏼👏🏼👏🏼

Cool 😍

I LOVE Columbia! Thank you for leading corporate America by example!

Headquarters just up the street. Making Oregon proud. Well done, sir.

pdacosta thebestofus

People like this will help save us when Dump trys to destroy us.

Big energy

THAT'S HOW YOU DO IT

🙏🏽🙏🏽🙏🏽🙏🏽

realDonaldTrump this is the plea you should be making from CEOs instead of giving them bailouts.

Real leadership

This is what is lacking in dc, LEADERSHIP. HERO

KEEP IT THERE Rehire the recovered workers Hire that non worker no matter where from, what religion or sex and w/sexuality preferences Demand no excuses zero tolerance of not working/helping because dislikes because you got mad about preferences. Share profits with workers

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