{"id":4276,"date":"2009-01-20T16:18:38","date_gmt":"2009-01-21T00:18:38","guid":{"rendered":"http:\/\/www.boardistan.com\/?p=4276"},"modified":"2009-01-20T16:30:49","modified_gmt":"2009-01-21T00:30:49","slug":"quik-cuts-salaries-off-the-top","status":"publish","type":"post","link":"http:\/\/www.boardistan.com\/?p=4276","title":{"rendered":"Quik Cuts Salaries Off The Top"},"content":{"rendered":"<p>In an effort to cut costs, Quiksilver released info today that it was reducing the salaries of top executives by five percent, according to a story on <strong><a href=\"http:\/\/www.reuters.com\/article\/rbssConsumerGoodsAndRetailNews\/idUSBNG12171820090120\" target=\"_blank\">Reuters<\/a><\/strong>.<\/p>\n<blockquote><p>The current reductions, effective Feb. 1, are in addition to earlier pay cuts implemented in February last year, the company said in a regulatory filing dated Jan. 20. . . .Annual base salaries for the chief financial officer and the chief administrative officer have gone down by 8 percent and 10 percent respectively.<\/p><\/blockquote>\n<p>Damn shame. <strong>CEO Bob McKnight&#8217;s<\/strong> salary is now down 16 percent meaning he&#8217;s only going to make $903,000 this year. Hopefully, he can make it through.<\/p>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/www.reuters.com\/article\/rbssConsumerGoodsAndRetailNews\/idUSBNG12171820090120\" target=\"_blank\">Reuters<\/a><\/strong><strong>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In an effort to cut costs, Quiksilver released info today that it was reducing the salaries of top executives by five percent, according to a story on Reuters. The current reductions, effective Feb. 1, are in addition to earlier pay cuts implemented in February last year, the company said in a regulatory filing dated Jan. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[10,4,6,12],"tags":[],"_links":{"self":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/4276"}],"collection":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4276"}],"version-history":[{"count":2,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/4276\/revisions"}],"predecessor-version":[{"id":4282,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/4276\/revisions\/4282"}],"wp:attachment":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4276"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}