Would you turn down a $2.2m bonus because you didn't think you deserved it ?

A Billion Dollars

This guy did.

Richard Handler, CEO of Jefferies, turned down a cash bonus for 2014 after the investment bank fell short of performance targets and its parent company’s stock slid.

Bloomberg News reports that while Handler, who also serves as CEO of the parent, Leucadia National Corp., was eligible for a $2.2 million bonus, he recommended to the compensation committee that the payout be withheld, Leucadia said Wednesday in a regulatory filing without specifying the reason for his decision.

His long-term stock award also was reduced after the bank’s profits fell short of performance goals, according to the filing.

Brian Friedman, Leucadia’s president and the chairman of Jefferies, also told the board of directors not to give him a cash bonus for 2014, according to the filing.

Hit the link below to access the complete Bloomberg News article:

Wall Street CEO Voluntarily Turns Down $2.2 Million Bonus

Ringgit Rallies With Stocks as Oil Rebound Eases Deficit Concern

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