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Saturday September 4th 2010

‘Ohio’ Archives

What If…All CEO’s gave back some of their bonus money ‘for the good of the company’.

Author : Kyle Published: February 13th, 2009
What If…All CEO’s gave back some of their bonus money ‘for the good of the company’.

Cleveland.com - With his company cutting jobs to cope with the recession, the head of a local company decided on his own to take a $600,000 pay cut. Edward Crawford, chairman and chief executive of Cleveland's Park-Ohio Holdings Corp., voluntarily waived $600,000 of his 2008 bonus money, according to a regulatory filing the company made [...]

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