Home Depot chief waived 2008 bonus check
Posted on March 30th, 2009 by Life Insurance News
The home repair retailer has laid off thousands of workers and closed underperforming stores since the recession began, The Atlanta Journal-Constitution reported Monday. Top executives have also seen perks vanish, such as long-term life insurance, use of company cars and reimbursements for certain tax payments, the newspaper said. A Securities and Exchange Commission filing said executive salaries were little changed in 2008. Blake's base salary rose by $5,769 to $1.013 million read more
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