NEWSPAPER CEO PAY GOES UP AND DOWN

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By: Lucia Moses It All Depends On Results


Dow Jones & Co. Inc. Chairman and CEO Peter R. Kann received a 35% higher bonus last year, when the company posted a 32.4% gain in profits, excluding one-time items. Kann was paid a $888,000 bonus and $841,167 in salary, compared with a $656,288 bonus and $788,000 in salary in 1999.

Missed financial targets at Knight Ridder led to a smaller bonus for Chairman and CEO Tony Ridder last year. He received a $506,339 bonus and $893,846 in salary, compared with a $804,169 bonus and $877,308 in salary in 1999.



Lucia Moses (lmoses@editorandpublisher.com) is an associate editor covering business for E&P.



Copyright 2001, Editor & Publisher.

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