FOR THE GOOD OF THE TEAM: FIREMAN TURNS DOWN $500,000 BONUS

          MA-based Reebok Chair & CEO Paul Fireman turned down a
     "bonus of more than $500,000" last year, as the company
     "struggled to reverse sagging sales," according to Greg
     Gatlin of the BOSTON HERALD.  Fireman, who "could have
     earned a bonus equal to his" $1M '98 base salary "had he met
     performance goals," qualified for a bonus worth 50% of his
     salary, but "declined to take the bonus."  Reebok's
     directors "in charge of compensating" Fireman "agreed he
     should not take the bonus ... citing" the company's "overall
     financial performance."  Fireman, whose base salary "has
     held fairly steady at about" $1M since '90, received no
     stock options in '98, after receiving 111,150 options in
     '97.  Of the company's "top five officers," only CFO Kenneth
     Watchmaker received a '98 bonus (BOSTON HERALD, 3/27).