American Apparel Sold So Many Basics Dov Charney Got a Raise
Following up on a report that American Apparel was making money for the first time in several years, WWD reports that the company's CEO, chairman and frequent PR liability, Dov Charney, got a major raise. How major? From a mere $800,000 to $2 million in cash. His stock awards totaling nearly $12.5 million, however, will be awarded to him only if the company reaches certain target profits in time for other shareholders to vote in June.