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Greg Grogan Quoted in CNBC on the Potential Impact of Recent Stimulus Package on Executive Compensation
03.26.20
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Executive Compensation and Employee Benefits Partner Greg Grogan was quoted in a CNBC article titled, “Senate coronavirus bill would cut pay for executives making more than $3 million if they take a loan from taxpayers.” The article addresses the potential impact on executive compensation of the $2 trillion coronavirus stimulus package recently passed by the Senate. In discussing the impact on executives at certain types of companies that accept financial assistance from the government, Greg noted, “this will require reductions in compensation for c-level executives who take loans.”
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