Nestlé Takes a Bite Out of Boss's Pay

Written By The USA Links on Tuesday, 11 March 2014 | 02:42


WSJ.com: US Business

Nestlé Takes a Bite Out of Boss's Pay

March 11, 2014 3:56 a.m. ET


ZURICH—Nestlé SA cut Chief Executive Paul Bulcke's annual compensation by nearly 7% last year, it said on Tuesday.


Mr. Bulcke's pay fell to 9.296 million Swiss francs ($11.34 million) in 2013—down 6.7% from 9.965 million francs year earlier, Vevey-based Nestlé said in its annual report. The compensation includes salary and short-term bonuses and...





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