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Companies Cut Executive Pay in Changing COVID-19 Landscape
Farient Advisors 
June 12, 2020 "As of June 1, 2020, approximately 16% of S&P 500 companies -- up from 10.8% in early May -- have disclosed changes to CEO pay in response to COVID-19. Of those companies, 40% opted to forego CEO salary entirely, with the rest tending to cut CEO salary by 20-50%. Very few companies have done anything other than reduce or eliminate cash compensation." |
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