CSBC chairman takes pay cut until company returns to profit

Capt. John

Cheng Wen-Lon, the chairman of Taiwan’s flagship shipbuilder CSBC Corporation, has voluntarily taken a major salary cut in order to help the company through financial difficulties. Cheng announced that he would be giving up his senior management montly salary of around TWD250k ($8,513) from August...

https://splash247.com/csbc-chairman-takes-pay-cut-until-company-returns-to-profit/

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