Wednesday, November 05, 2008

News-Leader parent company CEO takes voluntary pay cut

Craig Dubow, CEO of Gannett Co., owner of the Springfield News-Leader, has taken a voluntary 17 percent pay cut and has frozen pay for the company's top executives.

Don't feel bad for Dubow, however. Though he is forsaking $200,000 of his salary, with is bonus and stock awards, he will still make more than $7 million a year.

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