UPDATE 1-Bausch & Lomb CEO is denied bonus over bio gaffe

Newswire

(Adds quote from CEO, byline; changes dateline from ROCHESTER) By William Borden NEW YORK, Oct 29 (Reuters) - Bausch & Lomb Inc. said on Tuesday Chairman and Chief Executive Ronald Zarrella is forfeiting a bonus of at least $1.1 million for falsely claiming to have completed a masters degree. He will still receive his $1.1 million base salary, $1 million in long-term incentives, stock options and other perquisites associated with the top job at the eye care company. Zarrella will ...

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