Janus Capital CEO Gets A Pay Cut
Janus Capital Group Inc.’s (NYSE:JNS) Chief Executive Officer (CEO) Richard Weil’s total compensation had been reduced to $6.1 million in 2011 from $20.3 million, including a signing bonus of $10 million, in 2010, according to a proxy filing on Thursday. Excluding the bonus paid in 2010, Weil’s pay/salary suffered a 40% fall. The filing states [...]
Janus Capital Group Inc.’s (NYSE:JNS) Chief Executive Officer (CEO) Richard Weil’s total compensation had been reduced to $6.1 million in 2011 from $20.3 million, including a signing bonus of $10 million, in 2010, according to a proxy filing on Thursday. Excluding the bonus paid in 2010, Weil’s pay/salary suffered a 40% fall.
The filing states that the CEO’s pay cut is based on certain factors, including the company’s performance in 2011. Moreover, the reduction in compensation encompasses … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards