Katz claimed she was given a smaller salary and bonuses than male executives despite repeatedly raising concerns between 2002 and 2007 about the disparity to former A-B Chief Executive Patrick Stokes, former Chairman August Busch III, former CEO August Busch IV and current A-B President David Peacock.Today's opinion, decided unanimously by the three-judge panel at the Missouri Court of Appeals Eastern District, doesn't address the merit of Katz's claims -- only the company's attempts to force her into its arbitration process.
The lawsuit alleges that when Katz was promoted in July 2002, she received all the same duties formerly assigned to John Jacob, A-B's retiring executive vice president and chief communications officer. But she did not receive the administrative assistant, office suite with a conference room or the same salary, the suit alleges.
The suit said Jacob was paid a base salary of $605,000 and a bonus of $645,000 ($1.25 million total) in 2001, his last year at A-B. By contrast, Katz received $300,000 in base salary and a bonus of $200,000 ($500,000 total) in 2002, her first year in the new position... [B]y 2007, she still made only 46 percent of what Jacob had earned in 2001, according to the suit.
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