CBRE Group said Chief Executive Bob Sulentic will forgo his $1 million base salary and executive officers reporting to him will take a 15% reduction to their salaries as the coronavirus pandemic puts many property transactions on ice and forces furloughs at brokerages and other real estate companies.
CBRE CEO, Senior Executives Take Pay Cuts in Response to Coronavirus
World's Largest Commercial Brokerage Becomes First Publicly Traded Firm of Its Kind With Pay Cuts
CoStar News
April 10, 2020 | 2:42 P.M.
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