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Sarbanes-Oxley News & Developments

Continental Cuts Comp for Execs, Board

Continental recognizes their increased responsibilities stemming from Sarbanes-Oxley.

> > "Our board took this action in recognition of the sacrifice our co-workers are being asked to make to help assure the survival of our airline," said chairman and chief executive officer Larry Kellner. "We appreciate their efforts to work together toward our goal of cutting $500 million out of our pay and benefit costs."
Source: CFO


Published:2005-02-17
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