Wednesday, February 28, 2007
A board with backbone? The Blockbuster board, led by Carl Icahn, has told its CEO John Antioco that he won't get his full bonus of $ 7.65 million after the company reported a fourth quarter net income drop of 28%. Instead, it said it will pay him a $ 2.28 million bonus, but only if he does not contest its decision. See WSJ, Icahn Seeks to Pare Bonus Of Blockbuster Chief.