December 21, 2014

Real Estate Executive Returns Bonus



Rick Holley
Courtesy of Plum Creek Timber Co.
[From article]
Rick Holley is CEO of Plum Creek Timber Co. PCL 0.50% , a Seattle-based real estate investment trust that owns and manages around 6.8 million acres of timberland in 19 states. Today Holley disclosed, via a regulatory filing, that he has returned 44,445 restricted stock units back to the company because “he does not believe that he should receive such an award unless Plum Creek’s stockholders see an increase in their investment return.”

http://fortune.com/2014/12/18/ceo-gives-back-bonus-says-he-doesnt-deserve-it/

CEO gives back bonus, says he doesn't deserve it
by Dan Primack @danprimack
DECEMBER 18, 2014, 2:21 PM EST

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