Warner Music Group CEO Edgar Bronfman Jr. received a $3 million bonus check in 2008 even though his company lost $56 million and the stock dropped more than 25%. According to the Wall Street Journal, his board awarded him the bonus because he did a "good job in a tough environment." (via Lefsetz and The Huffington Post)
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WSJ Names WMG's Edgar Bronfman To Excessive CEO Bonus List
Bruce Houghton on 2009.03.18 in Major Labels | Permalink
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