Dec 9, 2008

Belo the belt

After taking a voluntary pay cut and overseeing 500 layoffs and buyouts, the chairman of A.H. Belo, which owns the Riverside Press-Enterprise, will receive a salary increase. The Dallas Morning News reports:
Robert W. Decherd, A.H. Belo's chairman, president and chief executive, will receive a salary of $600,000 in 2009, compared with $250,000 this year, the company said.

2 comments:

Anonymous said...

500 layoffs, huh? I guess that's a reward for a job well-done.

Gary Scott said...

Layoffs and buyouts... I've corrected the copy.