Scooter Braun, manager to Justin Bieber and Ariana Grande, among others, sat down with Yahoo Finance’s Andy Serwer to share his thoughts on coronavirus and his position in business.
In the newly released interview, taped on May 20, Braun called on top executives to sacrifice some of their wealth, if necessary, to ensure the well-being of their employees.
Braun on his view on top executives during the pandemic: “I don’t think it’s okay to whine about being compromised when your employees are being devastated.”
More on his view on top executives during the pandemic: “If you’re living such a glamorous life, then maybe you don’t get that extra luxury, maybe you get compromised, maybe things feel a little bit tight for you.”
On salary cuts for employees: “I’m a firm believer that if salaries need to be cut or people need to be fired, the CEO should drop their salary in this one year down to zero…I’ve made it very clear for my employees day one that if there’s going to be any salary cuts, it will be mine first.”
On the inability of political leaders to reach compromise agreements to better address the pandemic: “I really feel at this point that our leaders need to stop worrying about just their base, and realize that we’re now being put in a position by the environment — by the world, the planet —now teaching us a lesson.”
You can view the rest of the conversation here.