Comments on: Marriott CEO announces pay cut… for himself

By: Heidi Baggott

Heidi Baggott — Thu, 19 Mar 2009 04:09:21 +0000

WOW! As someone who has worked in the luxury hotel market for the last 10-15 years, I can’t imagine someone in his position doing something so significant. I hope that people follow Bill Marriott’s lead in all industries instead of letting valuable staff go during these tough times.

By: Mad at Marriott

Mad at Marriott — Thu, 12 Mar 2009 14:37:22 +0000

its a distraction all employees of columbia sussex which owns marriotts took a 3% – 15% paycut but they're still expecting us to sell rooms at top dollar and trying to squeeeze upgrades out of people its crap

By: Travellohr

Travellohr — Thu, 12 Mar 2009 11:30:41 +0000

With other CEOs making far more than $2 million, I think cutting his own pay to two-thirds was a humble step for this man to take. His lifestyle will have to change drastically, when others in his position aren't even willing to freeze their pay and endure just a minor change in their lives. I hope other CEOs, etc. look at him, think he's done the right thing and realize they can well afford to give up some of their own money. Even if no one follows his example, though, kudos to him for setting the example and for saving people at his own company from layoffs by pumping his own money into their paychecks.

By: Luke Nye

Luke Nye — Tue, 10 Mar 2009 02:51:48 +0000

Good for him. It show that not all CEO's are heartless or evil. Hopefully it's not just a distratction from layoffs or something else.