Agence France-PresseFebruary 25, 2014 11:12
The management board of German energy giant RWE has agreed to a total pay cut of 500,000 euros ($688,000) this year because the business is in difficulties, the company said on Tuesday.
"The company is in a very difficult situation. It goes without saying that we wish to make our contribution too," said chief executive Peter Terium.
He and the other three executive board members would together forego a total of 500,000 euros.