jay sures salary

The measures are being taken in hopes of avoiding layoffs as a result of the dramatically slowed economy as the novel coronavirus spreads across the U.S. and around the world. ... Rande Gerber Is A Member Of . The most important thing we can do right now is continue to manage UTA carefully, deliberately and day-by-day.

We will be sharing more details on that over the next 24 hours.

I have some very positive updates to share for most of our colleagues, as well as some additional news unfolding today that is more difficult. As Business Insider previously reported, Disney has shaken up its digital strategy amid the pandemic, releasing its "Frozen 2" animated movie on the Disney Plus platform months ahead of schedule. “Like companies across the industry and our country, UTA is taking some immediate and painful steps to ensure we get through the current public health and economic crisis as strong as possible,” a UTA spokesperson said in a statement. Account active UTA CEO Jeremy Zimmer and co-presidents Jay Sures and David Kramer addressed the staff via video conference on Monday to break the news, two insiders said. Send us a tip using our annonymous form. The stories dominating banking, business, and big deals. since. Our business is recovering, but the need remains to take a hard and honest look at the size and makeup of UTA—and make decisions that reflect what our business requires not just short term but for the foreseeable future. He also announced in the memo that he would be giving up 100% of his salary for the next six months. The CEO of Airbnb, Brian Chesky, has given up his salary for the remainder of the year to help his company during the coronavirus pandemic and avoid layoffs. Our industry is showing increasing signs of recovery and stability. The three heads will forego their salaries for the remainder of the year. Casamigos HQ. Do you have a personal experience with the coronavirus you'd like to share?

In addition, Munoz and Kirby reduced their salaries to zero through June. In addition, he said he will not be taking a salary for the balance of 2020 and his executive team will take a 50% pay cut. I’m told that Zimmer and agency heads Jay Sures and David Kramer will continue to not take salaries through year’s end.

The US now has the most confirmed coronavirus cases in the world, more than 190,000. Backs BFI, Film and TV Charity Fund to Support Creatives During Coronavirus, How Coronavirus Is Affecting Entertainment: All the Major Delays and Cancellations, Coronavirus Live Updates: France Shuts Down Stores, Trump Expands Travel Ban. The change will go into effect starting with the March 18 pay period. UTA CEO Jeremy Zimmer and co-presidents Jay Sures and David Kramer addressed the staff via video conference on Monday to break the news, two insiders said. See Jay Sures's compensation, career history, education, & memberships. The decision is thought by insiders to be a better alternative to the outright layoffs enacted by Paradigm Agency last Friday, which could result in up to 100 pink slips in a company of about 700 employees, Variety previously reported. In addition, we are continuing to follow through on our commitment of meaningful increases in base pay for our assistants and hourly-compensated colleagues, building further on the increases we instituted several weeks ago. The decision is thought by insiders to be a better alternative to the outright layoffs enacted by Paradigm Agency last Friday, which could result in up to 100 pink slips in a company of about 700 employees, Variety previously reported. A Comic Featuring the Super Hero’s Debut Could Fetch $1 Million at Auction, Biden Ads Flood the NFL Zone as Campaign Outspends Trump Across Sports, How to Enjoy Christmas on a Budget – Affordable Gifts, Decorations & Shopping Hacks. The successes we continue to achieve for clients are truly amazing. The laid-off staff received severance and post-employment benefits for a limited period of time, another insider familiar with the company told Variety.

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