Coronavirus Crisis Dents Salaries, Not Stock Awards, for Many CEOs

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For CEOs, compensation shifts from a record 2019 payday to survival mode, with the coronavirus prompting nearly 600 CEOs to cut their pay this year. “Today, it’s how you keep a business alive.”

Big-company CEOs had their richest paydays ever in 2019, a Wall Street Journal analysis shows.

But in March and April many took large cuts to their salaries after the deadly virus crippled global commerce. For 2020, few so far changed the equity awards that make up the bulk of executive compensation...

 

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Wow so sad instead of 10 billion they're only make 9 omg so sad

“ To cut “ WTF does that actually mean ? Get honest. Do your job - “ journalists “. You believe any CEO’s.

Making so much that cutting your compensation can save a company? Interesting business model...

Except that the Boards replaced their stock comp with repriced stock options = way more money on the upside. Plus 90%+ of CEO comp is stock comp, not salary. WSJ being WSJ...

this guy looks like elonmusk without hair))

Now this is the real disaster going on in America!

'survival mode' Holy fucking tone deaf batman!!

Thoughts and prayers. Give your workers a living wage.

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