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Friday, 12/19/2014 10:16:35 AM

Friday, December 19, 2014 10:16:35 AM

Post# of 248828
CEO gives bonus back:

So much for the prevailing thought of: what does deserve have to do with it? Sort of the opposite of selling shares to pay one's bonus.

http://www.msn.com/en-us/money/companies/ceo-gives-back-bonus-says-he-doesnt-deserve-it/ar-BBgY4fF?ocid=iehp

"Well, here’s something you don’t see too often. Or maybe never…

Rick Holley is CEO of Plum Creek Timber Co. PCL, a Seattle-based real estate investment trust that owns and manages around 6.8 million acres of timberland in 19 states. Today Holley disclosed, via a regulatory filing, that he has returned 44,445 restricted stock units back to the company because “he does not believe that he should receive such an award unless Plum Creek's stockholders see an increase in their investment return.”

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