The chief executive at Charlotte-based department chain Belk Inc. had a pay cut of about 4 percent last year, mostly because of a decrease in his stock awards, as the company posted another year of softer earnings.
The chief executive at Charlotte-based department chain Belk Inc. had a pay cut of about 4 percent last year, mostly because of a decrease in his stock awards, as the company posted another year of softer earnings. YALONDA M. JAMES Staff Photographer
The chief executive at Charlotte-based department chain Belk Inc. had a pay cut of about 4 percent last year, mostly because of a decrease in his stock awards, as the company posted another year of softer earnings. YALONDA M. JAMES Staff Photographer

Belk CEO Tim Belk sees 4 percent pay cut

April 24, 2015 07:18 AM