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The Economic Times
The Economic Times
Trending Desk

From Satya Nadella to David Solomon: Five CEOs who accepted pay cuts despite no personal fault

MUFG Bank

A CEO's pay cut is often associated with poor business performance or personal misconduct. However, in several high-profile cases, business leaders accepted salary reductions after employee actions, cybersecurity failures or governance lapses, even though they were not personally accused of wrongdoing. In many instances, the move was aimed at reinforcing leadership accountability and restoring stakeholder confidence.

Here are five notable examples.

Junichi Hanzawa: MUFG Bank chief accepted salary cut after safe deposit theft case

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