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Bullseye Consulting Group

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U.S. firms shield CEO pay as pandemic hits workers, investors

May 28, 2020 Robert Harrington

Sonic Automotive Inc (SAH.N), which operates 95 U.S. car dealerships, started laying off and furloughing about a third of its workforce as the coronavirus pandemic crushed its sales. Then it changed its executives’ pay packages - handing them a multimillion-dollar windfall. READ MORE

← It would take a typical worker 169 years to amass a CEO's salaryCEO pay tops $12.3M. Can it keep rising? →

rharrington@bullseye.consulting

       @BobJHarrington