Newspaper Guild Files an Objection to Tribune Co. Exec Bonuses

From Broadcast Union News:

While the numbed survivors of Sam Zell’s ill advised Tribune take over struggle with higher health care premiums, loss of pensions, reduced pay and work hours, those overseeing this wreckage have told the bankruptcy judge that if they don’t get more executive compensation, things will get really bad.

“Incentivizing employees is essential to Tribune’s future success,” Tribune’s chief operating officer and its chief administrative officer wrote this month to a federal bankruptcy judge, seeking the court’s approval of a plan to pay up to $69.9