Vol. 7 No. 12, December 2008, Nutshell
Isle of Capri Casinos Cutting Salaries
Isle of Capri Casinos Inc. has notified the Securities & Exchange Commission that its four top executives will take a 25 percent base pay cut for the next year due to the harsh economic climate. CEO James Perry, Chief Operating Officer Virginia McDowell, Chairman Bernard Goldstein and Vice-Chairman Robert Goldstein volunteered to slash their compensation.
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