Mitsubishi CEO defends pay cuts amid massive cost-reduction campaign
CEO Takao Kato told shareholders that executive pay cuts are a way to “share the pain” as he outlined the automaker’s plan to reduce global fixed costs by 20 percent.
CEO Takao Kato told shareholders that executive pay cuts are a way to “share the pain” as he outlined the automaker’s plan to reduce global fixed costs by 20 percent.