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Technology Stocks : Spansion Inc.
CY 23.820.0%Apr 16 5:00 PM EST

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From: mlc1782/24/2009 10:09:49 AM
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02/24 06:46 DJ Spansion Reinstates Full Salary For Some Top Execs

DOW JONES NEWSWIRES

Spansion Inc. (SPSN) reinstated full salary for its top executives, excluding the chief executive, as part of an employee retention program, the company said Tuesday in a regulatory filing.

Last October, the company approved a 10% cut in base salaries of all executive officers for six months.

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(To me, raising salaries means no imminent bankruptcy.)
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