"While Merrill Lynch's John Thain was splurging on a $1.2 million office makeover and Lehman Bros.' Richard Fuld was drawing a $22 million bonus, the president of Japan Airlines was riding the bus to work, eating in the company cafeteria and cutting his salary to $98,000.
'I wanted to share the pain with my colleagues,' JAL President Haruka Nishimatsu, 61, says by e-mail. Nishimatsu had just imposed an early-retirement program that ended the careers of 'many staff of my generation.'"
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment