To make room for them, three executives are taking new jobs elsewhere in the firm.

Perhaps the executive could have taken a cue from two books published in the spring.

Still, there are lessons from the past that young executives could take with them into the business world.

You know the top executives can take care of themselves.

In March, the company said that he and other executives would take pay cuts.

For now, they added, too few executives are taking that initiative.

How many of those companies had to do so because their chief executive took another corporate job?

Other top executives will take pay cuts for the next six months, the bank said after a board meeting.

Not all executives are taking profits at the same rate.

What is more, he said, all executives at the vice president level and higher would take an immediate 5 percent pay cut.