Tim cook reduced his pay by 4 million last yearIsn't this pretty common with Japanese companies? Here in the US, I think there's just layoffs and the CEO gets a bonus.
Tim cook reduced his pay by 4 million last yearIsn't this pretty common with Japanese companies? Here in the US, I think there's just layoffs and the CEO gets a bonus.
Heh, If he was American he would have probably given himself a 50% pay increase or a fat juicy bonus.
Here are the specifics:
The entire board is taking pay reductions from the period of Feb until June. Iwata is taking a 50% reduction as the company president. The two other representative directors, Genyo Takeda and Shigeru Miyamoto, will be taking a 30% reduction. All remaining directors on the board will take a 20% reduction. These include Tatsumi Kimishima, Kaoru Takemura, Shigeyuki Takahashi, Satoshi Yamato, Susumu Tanaka, Shinya Takahashi, and Hirokazu Shinshi.
Iwata says that beyond June, they will decide based on the business environment at that time.
Heh, If he was American he would have probably given himself a 50% pay increase or a fat juicy bonus.
Most CEOs get the boot.
Here are the specifics:
The entire board is taking pay reductions from the period of Feb until June. Iwata is taking a 50% reduction as the company president. The two other representative directors, Genyo Takeda and Shigeru Miyamoto, will be taking a 30% reduction. All remaining directors on the board will take a 20% reduction. These include Tatsumi Kimishima, Kaoru Takemura, Shigeyuki Takahashi, Satoshi Yamato, Susumu Tanaka, Shinya Takahashi, and Hirokazu Shinshi.
Iwata says that beyond June, they will decide based on the business environment at that time.
Not all American companies are BlackberryHeh, If he was American he would have probably given himself a 50% pay increase or a fat juicy bonus.
I dont think any overpaid American CEO would do this.
sadly nintendo isn't a company of western culture.
Here are the specifics:
The entire board is taking pay reductions from the period of Feb until June. Iwata is taking a 50% reduction as the company president. The two other representative directors, Genyo Takeda and Shigeru Miyamoto, will be taking a 30% reduction. All remaining directors on the board will take a 20% reduction. These include Tatsumi Kimishima, Kaoru Takemura, Shigeyuki Takahashi, Satoshi Yamato, Susumu Tanaka, Shinya Takahashi, and Hirokazu Shinshi.
Iwata says that beyond June, they will decide based on the business environment at that time.
Yes, if only the company was more Western.
Maybe Tom Cruise or Keanu Reeves can come save them?
I like it. It doesn't do anything to help sales, but it certainly shows a level of humility and responsibility acceptance. This is part of why I love Iwata... he always seems incredibly genuine. This is the second time he's taken a voluntary 50% salary cut in an act of good faith to show that he isn't trying to pass the blame onto somebody else.
How many other presidents of billion dollar companies have you seen voluntarily do this? I can't think of any. Despite all of the poor Wii U decisions that has been made, Iwata's attitude towards gaming is one of the most devout in the biz, and that isn't a quality that can be easily replaced if he resigns.
Nobody said it would? Taking a paycut is an act of accepting responsibility for issues.
So that's what, down to 25% from prior to 3DS?
people want him to take responsibly for issues by resigning his position.
Voluntary
this is stupid. the problem isn't how much he gets paid the problem is iwata, this is nothing other than an I'm sorry please understand
Here are the specifics:
The entire board is taking pay reductions from the period of Feb until June. Iwata is taking a 50% reduction as the company president. The two other representative directors, Genyo Takeda and Shigeru Miyamoto, will be taking a 30% reduction. All remaining directors on the board will take a 20% reduction. These include Tatsumi Kimishima, Kaoru Takemura, Shigeyuki Takahashi, Satoshi Yamato, Susumu Tanaka, Shinya Takahashi, and Hirokazu Shinshi.
Iwata says that beyond June, they will decide based on the business environment at that time.
Yes, if only the company was more Western.
Maybe Tom Cruise or Keanu Reeves can come save them?
people want him to take responsibly for issues by resigning his position.
That's not taking responsibility...that's running away.
That's not taking responsibility...that's running away.
That's not taking responsibility...that's running away.
No, that's fixing the problem.
Lol like you know hahaNo, that's fixing the problem.
And who said otherwise? Do you really expect this to be the only measure they'll be taking?
God it's like some people really complain for the sake of complaining lol
So you think the main problem with Nintnedo is Iwata and firing him would fix everything?