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Aircraft, helicopters and industry: Finmeccanica reduce CEO and CFO wages

Rome, Italy - The top executive will be payed 3,1 million Euro in 2012

Italian Finmeccanica will reduce the salary of its CEO Giuseppe Orsi by 35%, establishing a maximum compensation of 3,1 million Euro in 2012. A statement reports that "The fixed annual wage was confirmed at 1,65 million Euro for the CEO (Orsi) and confirmed at 800,000 Euro for the CFO (Pansa)". The Executive Compensation Committee has already decided that the short-term variable part of these wages...

AVIONEWS - World Aeronautical Press Agency - 1139889

AVIONEWS - World Aeronautical Press Agency
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