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Citadel Broadcasting Corp. (CTDBQ) changed its compensation plans for top management after complaints that they violated the terms of its bankruptcy reorganization.
Citadel, the third-largest radio broadcaster in the U.S., exited bankruptcy protection in June owned by creditors including JPMorgan Chase (JPM), The Wall Street Journal said.
R2 Investments, another creditor, said that…
Continue reading Citadel Broadcasting Agrees to Cut Executive Pay
Citadel Broadcasting Agrees to Cut Executive Pay originally appeared on DailyFinance on Wed, 03 Nov 2010 07:31:00.
Filed Under: Company News, Technology, People, Media, JP Morgan Chase
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