NYTimes 1% of 1% …Double Standards and Double Talking from Democratic Media.
NYTimes $4 million versus Bloomberg $10.5 million – new CEO’s Pay Package
“The New York Times Company is paying its new chief executive, Mark Thompson, an annual salary of $1 million and an immediate sign-on bonus valued at $3 million. Note that Mr. Thompson’s “…compensation is much the same as that of his predecessor, Janet Robinson, in terms of annual salary and bonus eligibility. Ms. Robinson left the company last December.”
Bloomberg calculates the pay package at $10.5 million !!!!!!
Thompson, who served as the British Broadcasting Corp.’s director-general, stands to make as much as $4.5 million from his signing bonus, $2 million in annual incentives and $3 million in long-term incentives. ” READ MORE Bloomberg 17 August 2012
Mr. Thompson’s predecessor exited with some protests from rank and file employees: ” Times Co. (NYT)’s union workers had …