The Economic Times

From Satya Nadella to David Solomon: Five CEOs who accepted pay cuts despite no personal fault

Corporate leaders are accepting pay cuts to show accountability for various company failures. Satya Nadella of Microsoft and David Solomon of Goldman Sachs took reductions. Mitsuko Tottori of Japan Airlines and Kentaro Okuda of Nomura also accepted salary cuts. Junichi Hanzawa of MUFG Bank also faced a pay reduction after a theft incident. These actions aim to rebuild trust and reinforce leadership responsibility among stakeholders.