Ex-Gannett Employee: Craig Dubow's Performance 'Is What Causes People To Occupy Wall Street'
Peter Lewis, a former employee of Gannett (as well as Fortune and the New York Times) has slammed ex-CEO Craig Dubow for cutting jobs and getting paid for it.
Dubow, who resigned Friday citing medical issues, laid off 20,000 staffers during his tenure as CEO, Lewis says. The company’s stock fell from $72 a share to $10. And Dubow’s pay package for 2010 was nearly $8 million.
His retirement/disability pay package could be as much as $37 million, or “considerably” more
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