The Washington Post Company's CEO, Donald Graham, has been refusing raises and bonuses for himself during the recession.As I mentioned in a previous post, it upsets me when CEOs of other large businesses, particularly hard-hit newspaper companies, lavish themselves in cash while laying off employees, freezing salaries and forcing furloughs. However, Graham appears to have some scruples and leadership qualities that will benefit him and his newspaper company in a variety of ways in the long run.
The Washington Post is a quality publication. It still practices watchdog journalism despite shrinking newsroom budgets and a thinning staff. It apparently has a CEO with heightened sensitivities, a man who at least understands that you don't show employees the door and then give yourself a raise. I know things are not all rosy at The Post, but at least there is some sense of integrity at the top.
Read more.
No comments:
Post a Comment