DTZ boss and former Barclays executive Paul Idzik is to take a voluntary 25% cut in his £400,000 salary.
He joined the property services group last November and is making the sacrifice “in light of the difficult economic circumstances of the last year and in line with many of his more junior colleagues”. He took home £242,000 for the six months to the end of April and received £300,000 in a guaranteed bonus at the end of July.
25/08/09 Financial Times 14
Daily Telegraph B2