Top executives at Delhaize Group will forgo any pay increases this year and will voluntarily forgo half their bonuses following a weak financial performance in the recently ended fiscal year. The move, announced in conjunction with the company’s annual meeting late last month, follows the announcement by Philip Clarke, the chief executive officer of Tesco, that he will forgo his bonus this year in the wake of deteriorating sales in the company’s core U.K. market, not to ...
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