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8-K - 8-K - TTEC Holdings, Inc.a12-7089_18k.htm

Exhibit 99.1

 

KENNETH D. TUCHMAN

CHAIRMAN AND CEO

DIRECT DIAL: 303-397-8600

FACSIMILE: 303-397-8688

KENT@TELETECH.COM

 

March 7, 2012

 

VIA EMAIL

 

Compensation Committee of the Board of Directors

TeleTech Holdings, Inc.

9197 South Peoria Street

Englewood, Colorado 80112

Attn:  Anjan Mukherjee and Ruth Lipper

 

Dear Anjan and Ruth:

 

I hereby request that the Compensation Committee reduce my annual base salary from $350,000 to $1 per year, effective upon approval by the Compensation Committee.  In making this request, I am waiving any rights that I have to a greater salary amount as set forth in Section 2 of my Employment Agreement with TeleTech Holdings, Inc. dated October 15, 2001, as amended by that certain Amendment to Employment Agreement dated December 31, 2008.  I further acknowledge that this request is voluntary and that I am receiving nothing of value in substitution for this request.

 

Thank you for your consideration, and I am free at your convenience to answer any questions.

 

 

Sincerely,

 

 

 

/s/ Kenneth D. Tuchman

 

Kenneth D. Tuchman

 

Chairman and CEO

 

 

cc:           Regina Paolillo

Mike Jossi

William H. Brierly