1. Why CEO Thinks He'll Still Live Luxe Life on $70K Worker Wage

    Why CEO Thinks He'll Still Live Luxe Life on $70K Worker Wage

    The CEO of a credit-card payments company in Seattle said executive pay is "out of whack," so he's cutting his own pay and creating a minimum salary for his workers...

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    1. My salary wasn't $1 million because I need that much to live, but that's what it would cost to replace me as a CEO.
    2. I may have to scale back a little bit, but nothing I'm not willing to do. I'm single. I just have a dog.
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