Class war comes to othe newsroom, via Romenesko:
On April 7, I reported that Lee Enterprises CEO Mary Junck received a $700,000 bonus for simply refinancing the newspaper chain’s debt.
The news disgusted longtime St. Louis Post-Dispatch carpenter Scott Bujnak.
“That was the straw that broke the camel’s back,” he says.
Bujnak, 56, went into publisher Ray Farris‘s office last Wednesday and quit after 18 years at the Lee-owned daily.
Columnist Bill McClellan writes:
He told his boss he was through and explained why. What’s the point of saving nickels and dimes when the big boss gets a $700,000 bonus? Word spread quickly. “He did what?” “Wow.”
How many people at how many companies have daydreamed about doing the same thing?
Bujnak apparently doesn’t regret quitting, even without another job lined up. “I have a smile on my face you can’t wipe off,” he tells McClellan.
The columnist points out:
Workers have suffered while the big bosses have prospered. Pensions were long ago frozen. Mandatory unpaid furloughs were introduced. Layoffs were the worst. Families were ravaged. Yet, it was the small things that got to Bujnak. Mixing paints, cannibalizing chairs. He started resenting saving the company money.
Especially when people like CEO Junck were regularly getting big bonuses. (She also got a bonus of $500,000 in March of 2012 – again for simply refinancing Lee’s debt.)