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Condé Nast Starts Its Pay Cuts At The Top

WORDS Posted: April 15, 2020 5:36 am

“The salaries of those earning $100,000 or more — just under half the company — will be reduced by 10 to 20 percent for five months, starting in May, [a] memo said. The pay of executives in the senior management team, including Anna Wintour, the artistic director and Condé Nast’s best-known figurehead, will be cut 20 percent,” with CEO Roger Lynch giving up half his pay. – The New York Times

WORDS Published: 04.13.20

Read the story in New York Times Published: 04.13.20

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