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Tag: salary cut

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Terex CEO turns down $1.17 mil bonus and cuts own salary 10 percent
Terex Corp Chief Executive Ron DeFeo has reduced his salary by 10 percent and declined a $1.17 million annual bonus, ARI-C News reports. DeFeo believes he should lead by example and share some of the economic burden the company and industry is presently facing, the news organizations reports.   Base salaries for other Terex executives are […]
January 11, 2010
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