Iwata to take 50% pay cut, entire Nintendo board to take pay reductions

TheKoreanGuy

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TheKoreanGuy on 29 January 2014

Stolen from gaf:

Here are the specifics:

The entire board is taking pay reductions from the period of Feb until June. Iwata is taking a 50% reduction as the company president. The two other representative directors, Genyo Takeda and Shigeru Miyamoto, will be taking a 30% reduction. All remaining directors on the board will take a 20% reduction. These include Tatsumi Kimishima, Kaoru Takemura, Shigeyuki Takahashi, Satoshi Yamato, Susumu Tanaka, Shinya Takahashi, and Hirokazu Shinshi. Iwata says that beyond June, they will decide based on the business environment at that time.

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Galaki

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Galaki on 29 January 2014

That's so unamerican. He deserves all the hate.

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think-man

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think-man on 29 January 2014

Wonder what kind of money they are all on.

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forest-spirit

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forest-spirit on 29 January 2014

Surely Iwata's pay must be closing in on the negatives by now?

ZyroXZ2

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ZyroXZ2 on 29 January 2014

This is why I support Nintendo. When things go wrong, they don't point fingers, they look at themselves and think "damn, we screwed up, we don't deserve our full pay until we get things back in order".

Check out my entertainment gaming channel!

www.youtube.com/zyroxz2

^^/