C-Suite

Why CEOs Give Up Their Salary During a Crisis

'It's totally symbolic'

a tiny man standing on a giant roll of $100 bills
CEO salaries are typically in the $1 million range, but their real compensation is in stock performance—which isn't so hot right now.Getty Images
By Ryan Barwick

March 18, 2020

While the C-suites of America’s top airlines are asking the U.S. government for what could amount to more than $50 billion in financial aid, many CEOs are giving up their salaries in a show of solidarity for the critical times we are all living in.

Ryan Barwick

Ryan is a brand reporter covering travel, mobility and sports marketing.

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