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United CEO and President Take Pay Cut May 24This week United's new CEO Scott Kirby and new president Brett J. Hart announced that they had decided to waive their pay for the year. (www.aviationweekly.org) More...
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All these big CEOs taking salary cuts reminds me of the Cheers episode where Sam made a bet with Robin Colcord for one week's salary. Sam won but turns out Robin only paid himself 1 cent a week. These bigwigs all make their real money with bonuses and stock options, their salary is just icing on the cake.
Just now... Most everyone else took May Cuts a couple months ago... They can afford it.