Brand Lady Takes Pay Dip Just Like Finchem...
/Of course, he lost $400k on a salary that peaked at a ridiculous $5.2 million, whereas CB dropped to only raking in six-figures. Let the weeping begin!
Jon Show reports:
Carolyn Bivens took home $500,000 as commissioner of the LPGA in 2007, a decrease of 28 percent from the previous year despite having what most consider to be her best year on the job.
Bivens was paid $690,000 for a full year of work in 2006 and $238,782 in 2005, when she joined the LPGA midway through the year. Earlier this year, Bivens received a three-year extension that concludes in 2011, but she was still working under her original three-year contract in 2007.
All figures are listed on the IRS form that the tour is required to file as a tax-exempt, nonprofit organization. The only other executive salary listed on the form is that of Deputy Commissioner Libba Galloway, whose compensation increased from $204,720 to $228,912.