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CIT sets John Thain's salary at $6 million a year (Reuters)

08.02.2010 21:32   0 views   0 comments
Tags: Former, Obama, China, John, Reuters, New York, Group, Global

Former chief executive of Merrill Lynch, John Thain, speaks at the Reuters Global Finance Summit in New York in this November 17, 2009 file photo. REUTERS/Brendan McDermidReuters - CIT Group Inc said its new Chief Executive John Thain will get an annual base salary of $6 million, most of which is in stock, and a bonus of up to another $1.5 million, in a nod to compensation practices popularized by the Obama administration's pay czar.




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