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  • Sulzberger pinches double the pay (Corporate greed at the NY Times!)

    03/13/2010 7:40:12 AM PST · by jimbo123 · 17 replies · 570+ views
    NY Post ^ | 3/13/10 | KEITH J. KELLY
    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...