Chairman Arthur Sulzberger Jr, whose family controls the Times through a special class of shares, will earn about $1.09 million this year, according to a filing with the U.S. Securities and Exchange Commission on Wednesday. Chief Executive Janet Robinson will earn $1 million.
Executives at the Times, which owns the namesake newspaper, as well as other U.S. papers including The Boston Globe, have been making the same base salary since 2006, while ad revenue has declined and the company comes under more pressure to find a way to reverse its flagging fortunes.
There are fifteen directors on the board of the NYT Corp, drawing huge paychecks. Now these greedy elites threaten to destroy the Boston Globe, a key forum for keeping the people of our Commonwealth informed and empowered, if they don’t get $20 million in concessions from the middle-class people who write, edit, print and deliver the Globe?
These executives would destroy Massachusetts if they thought it would preserve their fortunes and social standing.
I hope the people at the Globe fight them tooth and nail.