Academic

FAILING UPWARD: Sulzberger?s Pay Doubles. Arthur Sulzberger Jr.?s overall compensation as chairm?

By Glenn Reynolds

FAILING UPWARD: Sulzberger’s Pay Doubles.

Arthur Sulzberger Jr.’s overall compensation as chairman of the New York Times Company “more than doubled to $6 million in 2009,” reports Dow Jones Newswires. That during a year during which many Times reporters and editors, who make about $100,000 a year, were subjected to a 5% pay cut, and reporters at the Globe, who make less than those at the Times, took a 5.9% pay cut. Something to remember the next time you read one of those New York Times editorials piously denouncing income inequality.

Indeed.

UPDATE: Maybe he just had a good diversity year.

Full post as published by Instapundit.com on March 13, 2010 (boomark / email).