CEO of German drugmaker Stada takes 40 percent pension cut

FRANKFURT, Nov 13 (Reuters) - The chief executive of Germany's largest independent generic drugmaker Stada has agreed to a roughly 40 percent cut in his pension, trimming almost 16 million euros ($20 million) from a retirement package bloated by low interest rates.

from Reuters: Company News http://ift.tt/1xRcpFL

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