Tuesday, December 9, 2008

A.H. Belo CEO's salary to increase

Robert W. Decherd, A.H. Belo's chairman, president and chief executive, will receive a salary of $600,000 in 2009, compared with $250,000 this year, the company said.

Mr. Decherd voluntarily reduced his salary this year, after receiving $985,000 in 2007 as chairman and CEO of pre-split Belo Corp.

A.H. Belo hasn't reported a profit in the 10 months since it was spun off from Belo Corp. The company's stock price has fallen 85 percent from its closing price on its first day of trading in February.

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