SALARIES & WAGES: No Ceiling for Bracy


In a list of high salaries made public last week by the Securities & Exchange Commission, the name of Harry W. Bracy led all the rest. As a branch manager in Carbondale, Ill. (pop. 10,400) for Kroger Co. grocery chain, Bracy's pay for 1946 was $380,000, including a bonus of $355,733. Farther down on the list were his bosses: Charles M. Robertson, chairman of the board, $100,000; Joseph B. Hall, president, $72,308. Kroger Co. stated that Bracy's bonus was due in part to "his ability as a branch manager and in part to unusual circumstances. . . ."...

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