Safeway CEO Gave Up a $181,000 Bonus
From Bloomberg News
Safeway Inc., the No. 3 U.S. grocery chain, said Chief Executive Steven Burd gave up a $181,000 bonus last year as the company endured a 4- 1/2 month strike and saw shares fall 6.2%.
Burd’s salary last year was unchanged at $1 million and he realized $13 million from exercising options, according to a Securities and Exchange Commission filing.
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