RIM co-CEOs cut salary to $1

Globe and Mail:

Research In Motion Ltd.’s top executives cut their salaries to $1 as they delivered yet more dismal news to investors, telling the world the product that was supposed to save the company will come out almost a year later than promised.

Still $1 too much.



  • http://mangochut.net/ mangochutney

    What about their bonuses? If they didn’t waive those this is a nice gesture but ultimately worthless and dishonest.
    Today’s CEOs get most of their income from pre-arranged and incentive-based bonuses, I don’t think it’s any different inside RIM.

  • http://twitter.com/justin_horn Justin Horn

    Exactly ^