I'm getting just a little tired of posting bad news about THQ, but I am bound to a sacred oath to provide you gaming news -- good or bad. Anyway, THQ's President and Chief Executive Officer Brian J. Farrell has had his salary cut in half.
Farrell's salary has been cut to $359,250 for a one-year period beginning February 13, 2012. The THQ prez won't be alone in the soup line, though. The company's board of directors have "elected" to receive 50% less cash compensation for a year too.
This salary cut revelation is only the latest in a string of bad news for the company, including (but not limited to):
- THQ Threatened With Stock Market De-Listing
- THQ Lays Off Employees
- THQ Dogged By Rumors That 2014 Slate Canceled
For more in-depth THQ news, tune in to G4TV.com tomorrow afternoon. The company will be hosting its quarterly financial call, and will no doubt reveal what it plans to do.