Xerox CEO takes over 1/2 pay cut in 2015

The exciting part is she got docked down to 10.5 Million last year (yeah I feel soo horrible for her) from over 22mill the year before.  But what is interesting is a bunch of stockholders (at the end of the article) are trying to get a resolution passed in Xerox that if Xerox buys stock back, the bonuses of exec’s need to be re-adjusted.  Why?  Well in 2014 Xerox bought alot of stock back.  As such the dividend was for less folks so they got more, and because those folks got more the Xerox execs got big bonuses for ..really doing nothing.  This is an attempt to close that loophole.

http://www.rbj.net/article.asp?aID=224919