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Tribune’s FitzSimons takes pay cut

February 21st, 2005 · No Comments

The Chicago Sun-Times‘ Eric Herman details the Tribune Company’s decision to slightly increase CEO Dennis FitzSimons’ salary year-over-year but cut his bonus by more than three-quarters, from $1.2 million to $260,000, citing cashflow and the refunds to advertisers for circulation scandals at some of the company’s newspaper properties.

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