The Medium, The Message » executive bonuses http://www.themediumthemessage.com A blog about advertising, newspapers and other media Thu, 29 Jul 2010 12:36:20 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 McClatchy set to reward top execs http://www.themediumthemessage.com/2010/02/01/mcclatchy-set-to-reward-top-execs/ http://www.themediumthemessage.com/2010/02/01/mcclatchy-set-to-reward-top-execs/#comments Mon, 01 Feb 2010 13:01:19 +0000 admin http://www.themediumthemessage.com/?p=1088 Top McClatchy executives could be getting six-figure bonuses “for their efforts towards stabilizing the company’s financial outlook following a period of significant economic turmoil,” according to Editor & Publisher’s review of regulatory filings submitted late Friday.

CEO Gary Pruitt is excluded from eligibility for the $160,000-plus bonuses under the “2010 Senior Executive Retention Bonus Plan.”

Bonuses will be paid to three executives E&P names if the chain’s performance in operating cash flow in 2010 is sufficient to fund a supplemental company contribution to its 401(k) retirement plan, McClatchy said.

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