At His Request: United Rentals Reduce...

At His Request: United Rentals Reduces CEO's Base Salary By 20%

There are 2 comments on the Hartford Courant story from Jan 15, 2009, titled At His Request: United Rentals Reduces CEO's Base Salary By 20%. In it, Hartford Courant reports that:

Greenwich-based United Rentals Inc. cut CEO Michael Kneeland's base salary this year by 20 percent to $600,000 at his request to "lead by example" as the largest U.S. construction-equipment rental company ...

Join the discussion below, or Read more at Hartford Courant.

Salary

Redmond, WA

#1 Jan 16, 2009
Smart move, while their employees are making about $50K http://www.salarylist.com/all-real-jobs-salar...
Charlotte

Waukesha, WI

#3 May 6, 2009
Though 600K is STILL a huge profit above their average worker, its a step in the right direction, and for this reason the man should have our hats tipped towards him.

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