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)
WSJ Names WMG’s Edgar Bronfman To Excessive CEO Bonus List
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. Continue reading [https://www.hypebot.com/hypebot/2009/03/wsj-names-wmgs-edgar-bronfman-to-excessive-ceo-bonus-list.html]