Coronavirus Crisis Dents Salaries, Not Stock Awards, for Many CEOs

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Coronavirus Crisis Dents Salaries, Not Stock Awards, for Many CEOs
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For CEOs, compensation shifts from a record 2019 payday to survival mode, with the coronavirus prompting nearly 600 CEOs to cut their pay this year. “Today, it’s how you keep a business alive.”

Big-company CEOs had their richest paydays ever in 2019, a Wall Street Journal analysis shows.

But in March and April many took large cuts to their salaries after the deadly virus crippled global commerce. For 2020, few so far changed the equity awards that make up the bulk of executive compensation...

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