Tag: Michael W. Kramer

JC Penney CEO pay slashed by over 96 % in 2012

This story is going to place a smile on those who crib about the ever rising CEO pay, despite a gloomy market and a poor performance of many business across the globe. A leading American Retailer, J C Penney has reduced its CEO’s compensation by over 96 % for the year 2012.  This has been…