USA: Kenneth Cole CEO Agrees 2002 Bonus Cut
Kenneth D Cole, chief executive of clothing and accessories designer Kenneth Cole Productions Inc had his bonus cut to $150,000 last year from $1.4 million in 2001. According to a proxy statement filed Friday with the Securities and Exchange Commission, he kept his base salary at $1 million, but also received grants for twice as many stock options last year as he did in 2000.