According to the New York Times proxy statement filed with the Securities and Exchange Commission, corporate president and CEO Janet L. Robinson received a total compensation package valued at $5.58 million in 2008, up well over a million from the $4.14 million she received in 2007, and the $4.4 million she received in 2006.
Robinson's $1 million base salary has remained the same for three years. In 2008, Robinson's total compensation included, in addition to her base salary: $1.6 million in stock awards, $1.5 million in options, a $35,000 bonus, $562,500 from the non-equity incentive plan, $898,171 from the "Change in Pension Value and Non-qualified Deferred Compensation Earnings," and "other compensation" of $46,368.
So the Boston Globe's unions have made considerable concessions to the NYT, but management is still threatening to close the paper.
YET, where are the concessions from the executives???
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