Bright Horizons CEO to Forgo Salary; Other Executives Take Cuts

Stephen H. Kramer, CEO and president, to forgo salary until earlier of Dec. 31 or such time as a majority of Bright Horizons centers closed as a result of Covid-19 reopen.

• Other named executive officers to reduce their salaries by 25% until the earlier of Dec. 31 or such time as a majority of Bright Horizons centers closed as a result of Covid-19 reopen
• Chair David H. Lissy to forgo annual cash retainer and other members of the board to forgo cash retainers, each under same time horizon

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