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TechnipFMC cuts executive pay and dividend as pandemic fallout bites

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Home Blogs > Business
Apr 22 '20 | By oiam2companyadmin | Views: 51 | Comments: 0

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Oil services company TechnipFMC said on Wednesday it would slash the salaries of executives and retainers paid to company directors by 30%, after cutting its dividend by 75% in search of savings to cushion the impact of the novel coronavirus outbreak.
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Source: https://www.reuters.com/article/us-technipfmc-results/technipfmc-cuts-executive-pay-and-dividend-as-pandemic-fallout-bites-idUSKCN2243FH?feedType=RSS&feedName=businessNews

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