April 21, 1998 |
A visionary, it appears, is worth less than a CEO. At least that's the case at Irvine-based Mossimo Inc., where the going rate for the talents of founder Mossimo Giannulli, the self-anointed visionary--that's his official title--is $300,000 a year. The amount represents a 40% pay cut from 1997, when Giannulli was chief executive and earning $500,000. Giannulli's pay was disclosed in the apparel designer's annual proxy statement filed with the Securities and Exchange Commission.
March 10, 1996 |
After six months of grass-roots organizing for Gov. Pete Wilson's presidential bid, Mitch Zak suddenly found himself out of work when the campaign fizzled last fall. But Wilson took care of him. Within weeks, Zak was installed as a special assistant to the state Fish and Game director. His new salary was 80% higher than his old one as a governor's office assistant--a job that he quit to stump for Wilson.