Belo Honcho Prime Example of Overpay
Submitted by Anonymous Source (not verified) on Sun, 05/04/2008 - 8:48am.

Just before Belo split into two companies, print and broadcast, chairman Robert Decherd made sure he'd be able to take the money and run
Last year - one of the worst ever for the company and plummeting stock price, he took home a total of $10 million. (see page 36 of this year's Executive compensation report.)

A 100% raise from the year before!

Of course, now he's only head of the print company and it's in the toilet. It was his last chance at the fattest paycheck and he made sure he got it.

All the more reason KGWers are proud I'm sure, to work for Belo.

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