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BAM Executives Take Steep Pay Cuts After Canceling Programs Through June
Posted by: MockingbirdGirl 08:18 pm EDT 04/13/20

The Brooklyn Academic of Music announced on Monday that it has canceled its programming and events through June because of the coronavirus pandemic. To help offset the lost ticket revenue, which BAM estimates will total $7.4 million, the organization’s president and executives have agreed to pay reductions of up to 40 percent.

“We know many people in the organization are going to feel the pain of this,” said Katy Clark, BAM’s president, in an interview. “It’s a shared sacrifice, so we wanted to start at the top.”...
Link BAM Executives Take Steep Pay Cuts After Canceling Programs Through June
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