Regional News

Columbia Sportswear CEO Cuts Own Salary To Continue Paying Workers' Salaries

(Portland, OR)  --  The CEO of Portland-based Columbia Sportswear is slashing his own salary to help pay for his employees' paychecks.  CEO Tim Boyle is reducing his salary to ten-thousand dollars a year so his employees can keep collecting their regular paychecks during the coronavirus pandemic.  The company announced Sunday that Boyle made the decision after Columbia closed its doors two weeks ago because of coronavirus restrictions.  The sportswear and outdoor gear giant says Columbia's 35-hundred employees were at risk of losing their jobs or not getting paid before Boyle cut his own pay.  The Oregonian reports he made three-point-three million dollars in 2018.

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