François-Henri Pinault has joined a growing list of executives who are lowering their pay. 🔐
PARIS — Citing the coronavirus crisis and its impact on the economy, Kering chairman and chief executive officer François-Henri Pinault has decided to reduce his fixed salary by 25 percent from April until the end of the year, joining a growing list of executives who are lowering their pay.
A number of companies have announced pay cuts for top executives, a sticky issue at a time of crisis that highlights the deep divisions between vulnerable and wealthy classes across sectors.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Kering luxury goods billionaire Pinault agrees to pay cutFrançois-Henri Pinault, the French billionaire chairman and CEO of luxury goods group Kering , has agreed to a pay cut in the latest example of top executives accepting lower salaries as a gesture of solidarity during the coronavirus crisis.
Lire la suite »
Morgan Stanley CEO diagnosed with coronavirus in March, since recovered -bank videoMorgan Stanley Chief Executive Officer James Gorman was diagnosed as being infected by the novel coronavirus after first experiencing symptoms nearly a month ago and has fully recovered, according to a video that was sent to the bank's employees on Thursday.
Lire la suite »
Morgan Stanley CEO James Gorman recovers from COVID-19Morgan Stanley's Chief Executive Officer James Gorman said he has fully recovered from the illness caused by the novel coronavirus, according to a video that was sent to the bank's employees on Thursday.
Lire la suite »
Rihanna and Twitter CEO Donating $4.2 Mil to Help L.A. Domestic Violence VictimsRihanna and Jack Dorsey are joining forces to send millions to people in need of safety they can't get at home right now.
Lire la suite »