Ralph Lauren
Ralph Lauren has signed on to remain as chief of his
company, Ralph Lauren Corp, for another five years.
The contract
guarantees his position as founder, chairman and chief executive office of the
company that the designer, now 72, established in 1967. As a result of the new
signing Lauren's salary will increase 40per cent; that is an increase from last
year's $1.25million to a comfortable $1.75million.
wow with cash like that, who
needs retirement?
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