A CEO that cares?
For the CEO of Japan Air, corporate dining rooms and car services are not the way of doing business. Haruka Nishimatsu, the CEO, has even taken pay cuts when Japan Air was forced to downsize. He now takes a salary of $90,000 a year, which is less than some of his pilots make. He said that when the company was forced to downsize, he said that the workers who were being asked to retire early were his age and he felt that he should make sacrifices as well. Nishimatsu, a CEO who takes the public bus to work and eats with the staff in the cafeteria, laughed when asked if he could imagine being paid the millions that American CEO’s are paid. He said that even though his company is one of the top 10 International airlines in the world, he couldn’t imagine being as profit driven as American CEO’s, saying that Japan learned during the bubble that companies that put profit above all else ultimately failed.