We took a look at today’s SEC filing from the New York Times to gain some insight into how much money the company’s top execs took home in 2009. Both Chairman Arthur Sulzberger, Jr., and CEO Janet Robnison made a pretty penny.
Sulzberger made just under $6 million in total earnings (more than double what he made a year ago), and Robinson got $6.3 million. They could’ve made more. Each missed out on a bonus of $1 million to $1.8 million based on goals tied to “revenue growth in excess of expense growth from continuing operations over a three year period; and … return on investment capital.” Management did not meet those benchmarks.
From 2008 to 2009, the company swung to a profit of $19.9 million from a loss of $57.8 million.