Skip to comments.Sulzberger pinches double the pay (Corporate greed at the NY Times!)
Posted on 03/13/2010 7:40:12 AM PST by jimbo123
Top executives at the beleaguered New York Times Company reaped hefty rewards last year, with Chairman Arthur "Pinch" Sulzberger more than doubling his total compensation to $6 million.
CEO Janet Robinson got even more, reaping $6.3 million, a 31.9 percent hike.
The pay numbers were disclosed in Securities and Exchange Commission filings yesterday.
The increases come against a backdrop of declining ad revenue, layoffs, frozen pension plans, unpaid vacations and a 5 percent pay cut for most of the rank-and-file workers last year.
"Our members are really unhappy with what is happening," said Bill O'Meara, president of the Newspaper Guild of New York. "They made a voluntary sacrifice to give up some of their pay to help the company out. People are losing their jobs still."
(Excerpt) Read more at nypost.com ...
Where is the outrage?! Where is the pay czar?! Where are the demonizing speeches by our Fuhrer?!
Another example of the elites doing as they please while trying to modify our behavior. No different than Al Gore’s energy hogging home or Obama sending his children to private school while cutting off vouchers for the poor.
Sounds to me like they are getting ready to go belly up or steal as much money as one can before it all implodes.
Just like the CEO’s of banks, insurance companies, Fannie and Freddie Mac, etc....Pinch is one of them while his fishwrap newspaper rails against such the same.
greedy Corporate CEO’s
Left wingers are the greediest people on earth.
The extended family is really gonna be pissed. No dividends..they’re lost much of their income..and this clown ups his pay?
If ever anyone needed proof of the hypocrisy of liberals, here it is, writ large. I’m sure Pinch deserved a raise. He’s done such a good thing for the Times. They are in such wonderful shape.
The New York Times is a run by a bunch of gay liberals...
Silly Union Goons, of COURSE they are going to pay themselves while they cut you!!
While liberals are using one hand spouting all their “compassionate” causes for the little people watch what the other one is doing and it is usually the complete opposite. They are the biggest hypocrites.
They are milking the last out of that cow. Meanwhile, here comes more layoffs. Those scumbags are all for their Democrat party and its communist agenda - - for everybody else.
Such greed! Such tone-deafness to the masses.
Report him to the Obolshevik Kommissariat immediately.
It's called making hay while the sun shines. I get what I can before a certain Mexican takes over my rag and sacks my sorry a$$.
Beat me to it, my thoughts exactly.
Think they might vote him out?
I hope he stays....he can finish wrecking the place..
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