AB Foods bosses take pay cut as coronavirus to dent profit

LONDON (Reuters) - Primark owner Associated British Foods said on Friday its bosses are taking temporary pay cuts and will not receive bonuses for the current year given that profits will be dented by the coronavirus emergency.It said the base pay of chief executive George Weston, finance chief John Bason and Primark boss Paul Marchant will be reduced temporarily by 50%.The group's non-executive directors, including the chairman Michael McLintock, have also decided that their fees should be..