leadership
confidence high
sentiment neutral
materiality 0.50
PetVivo COO salary cut to $150k; three execs total reduction 50.6%
PetVivo Holdings, Inc.
- COO Randall Meyer salary reduced from $270,000 to $150,000, effective May 1, 2024.
- Combined with CEO and CBO reductions, three execs total annual pay cut 50.6% ($850k to $420k).
- Part of company-wide cost reduction program to preserve cash and lower operating loss.