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CMGI chief cuts salary to $1

CMGI chief cuts salary to $1

CMGI Chief Executive David Wetherell is taking a significant pay cut for 2002, slashing his annual salary from $530,000 to $1.The cut is "in recognition of the company's current state of unprofitability," according to a document filed with the Securities and Exchange Commission.

November 16, 2001 by in After Hours