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Cato CEO sees 57% jump in compensation

2015-04-23 02:43:31| Apparel - Topix.net

Cato Corp. CEO John Cato 's total compensation jumped nearly 57 percent to $4.6 million in fiscal 2014, which ended Jan. 31. That's up from $2.9 million the previous year, according to a company filing with the U.S. Securities and Exchange Commission on Tuesday. Cato's compensation includes a base salary of roughly $1.1 million.

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Rana Plaza committee pays $9.8m in compensation

2015-04-21 16:34:00| Daily apparel & textile news and comment - from just-style.com

A committee set up in the wake of the Rana Plaza building collapse almost two years ago has distributed a total of BDT760m (US$9.8m) to the injured and family members of deceased and missing workers.

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Valeant senior executives scored US$123 million compensation in 2014

2015-04-18 03:01:38| Biotech - Topix.net

The top five executives at Valeant Pharmaceuticals shared nearly US$123 million in compensation last year, up from US$23.8 million in 2013. Chairman and CEO Michael Pearson, who owns three per cent of the company with some 10 million shares, took the lowest compensation at US$10.28 million, while executive vice-president Ari Kellen topped the list at US$50.6 million, according to the company's proxy circular.

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Big banks dial back compensation for new CEOs

2015-04-13 21:59:20| Grocery - Topix.net

The CEOs now running Canada's biggest banks have lower overall compensation than their predecessors, a new study found. Canada's five big banks appear to be dialling back their compensation packages, according to a study from consultancy McDowall Associates.

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Glaxo weighs compensation changes for U.S. sales team

2015-04-11 17:17:39| Biotech - Topix.net

GlaxoSmithKline PLC, which replaced the head of its struggling U.S. operations in February, is considering changes to its compensation model for sales staff, according to an internal memo obtained by Bloomberg News. A task force is looking at "more comprehensive options to simplify the Patient First program" for incentive pay and will provide a report within a month, Glaxo, based in London, said in an April 1 statement to its U.S. sales employees.

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