JC Penney Slashes Pay of Its Chief – New York Times
 CBS News |
JC Penney Slashes Pay of Its Chief
New York Times In a clear sign of its dissatisfaction with the direction of the company, the board of J. C. Penney gave its chief executive, Ron Johnson, a pay cut of almost 97 percent, to $ 1.9 million, for 2012, according to a regulatory filing on Tuesday. Enlarge This Image … No bonuses for JC Penney's executives No Bonus for Penney CEO JC Penney CEO 2012 pay package drops 96% |
