Adam Hartung —
February 26, 2011
— Forbes
Since Craig Dubow took over as Gannett’s CEO in 2005, Gannettblog reports that employment at the company has dropped from 52,600 to 32, 600. So 20,000 employees, or more than 1 in 3, have disappeared. Doesn’t this look like dismantling the company? And yet Dubow was paid $4.7M in 2009, including a cash bonus of $1.45M, for implementing cost cuts -- and that’s what’s quite wrong with CEO compensation in America.