Author Topic: Nortel shares sink, but CEO's pay rises  (Read 412 times)

Offline Josetann

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Nortel shares sink, but CEO's pay rises
« on: February 29, 2008, 06:51:00 PM »
Despite problems, company raised the total compensation of Mike Zafirovski by about $1.8 million in 2007, regulatory filings show.   Despite unsteady performance, a new round of layoffs and a plunge in its share price, Nortel Networks raised the total compensation of Chief Executive Mike Zafirovski by about $1.8...

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