Work at a hold co and tired of hearing the ceo’s are in it with us and taking cuts? I call BS on that! They are only reducing salary and will still earn millions. Omnicom John Wren - $19,818,780 in 2019, his 2020 sacrifice = 5.05% reduction. IPG – Michael Roth $16,590,172 in 2019 his 2020 sacrifice is undisclosed. WPP Mark Read £2,594,000 in 2019 his 2020 sacrifice = 1.88% reduction. Publicis Arthur Sadoun €3,265,800 in 2019 his 2020 sacrifice = 4.6% reduction.

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I figured these were all empty gestures. When Arthur announced his salary reduction he specifically said "fixed salary," not total compensation. I'm disappointed Publicis is still paying dividends this year. Arthur also announced a 50% reduction was suggested to the board, but other corporations are cutting dividends completely through the end of the year.

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1.88% reduction? Lol. Why bother. Question though. How much of that comp is tied of in stock? Because those also took massive hits.

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I reread your original comment and see that now. I was initially focused on the %, which are extremely low given the wealth these men have amassed. Not looking to debate the validity of your post with my question.

OP — what’s your point? This is true for most companies and for any publicly traded company. Are you suggesting there’s an action we should take? Or just sharing information?

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They will take all the jewelry out of the burning building.

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