Skip Nav

JetBlue CEO Takes 50 Percent Salary Cut

News Flash: JetBlue's CEO Is a Well-Paid Team Player

Following last week's reports of a $7 million quarterly loss, JetBlue's chief executive David Barger has voluntarily taken a 50 percent base salary cut. The action brings his salary down from $500,000 to $250,000 and will apply through the remainder of 2008.

His pay-cut won't have much of an impact on the airline's overall struggle to survive the cost of fuel, but as The New York Times puts it, Barger's gesture is in show of solidarity with JetBlue's employees.


Source

Latest

POPSUGAR Selfie : Get the new app!

+