Janus [profile] CEO Richard Weil is taking a 19 percent pat cut, Bloomberg reports — though you still won't likely see him on the street anytime soon.

Weil's pay was cut by 19 percent to $4.98 million in 2012, according to reporter Christopher Condon. That includes "$500,000 in base salary, $2.85 million in restricted stock, $1.4 million in non-equity incentive plan compensation and $232,283 in other compensation," according to an SEC report cited in the article.

The pay cut comes in a year when investors pulled $12.1 billion out of the shop.

For more details, check out the original article here. 

Edited by: Ben Geier


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