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CEO gives back bonus, says he doesn't deserve it
fortune.com Well, here’s something you don’t see too often. Or maybe never… Rick Holley is CEO of Plum Creek Timber Co. PCL 0.58% , a Seattle-based real estate investment trust that owns and manages around 6.8 million acres of timberland in 19 states. Today Holley disclosed, via a regulatory filing, that he has returned 44,445 restricted stock units back to the company because “he does not believe that he should receive such an award unless Plum Creek’s stockholders see an increase in their investment return.” to read more: fortune.com
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