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BNET Business Dictionary
- Severance Package
- a package of benefits that an employer gives to an employee who is dismissed.
- Severance Package definition on BNET »
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- Shareholder sues US Airways over executive severance packages
- AIRLINE INDUSTRY INFORMATION-C1997-2001 M2 COMMUNICATIONS LTD
- Research articles 2001-08-29
- Soured on sweet deal
- Institutional shareholders angry over severance pay and benefits to ousted CEO Carly Fiorina have sued Hewlett-Packard Co., raising questions of how far companies can go in giving sweet deals to departing executives. The Indiana Electrical Workers Pension Institutional shareholders angry over severance pay and benefits to ousted CEO Carly Fiorina...
- Research articles 2006-05-01
- You're fired; Ousting a CEO isn't easy, and boards are historically slow to do it.(Focus: Corporate Boards)(Chief executive officer)
- Byline: DANIEL ROME LEVINE There are few tasks that corporate directors find more unpleasant than showing a chief executive the door. Among old-guard companies, pushing out the CEO can be especially awkward. It may mean firing someone on Friday Byline:...
- Research articles 2005-06-06
- Tyco Shareholders Seek Control over Executive Severance Packages.
- By Nancy Dillon, Daily News, New York Knight Ridder/Tribune Business News By Nancy Dillon, Daily News, New York Knight Ridder/Tribune Business News
- Research articles 2003-03-07
- Verizon Shareholders Vote to Limit Severance Packages for Senior Executives.
- By Kimberly Blanton, The Boston Globe Knight Ridder/Tribune Business News By Kimberly Blanton, The Boston Globe Knight Ridder/Tribune Business News
- Research articles 2003-04-24
- ZANDER'S EXIT TAKE COULD TOP $56 MIL. Disclosures bring severance package into focus; will Moto shareholders balk?(News)
- Byline: MEGHAN STREIT Motorola Inc.'s performance last year cost CEO Edward Zander his bonus, but it didn't tarnish his golden parachute. Mr. Zander's exit pay, explicitly disclosed for the first time in a company filing March 2, could range as ...
- Research articles 2007-03-12
Additional Resources
- On the front lines of executive pay: revisiting the top comp stories of 2007 suggests some next-stage steps for crafting pay programs that meet board, shareholder, and regulator requirements
- LAST YEAR BROUGHT some remarkable stories to the executive compensation forefront--from huge CEO severance payouts to equally huge paybacks and to shareholder activism through "say on pay." Here are our selected highlights of the top comp stories of 2007: * Home Depot's Bob Nardelli: Early in January 2007, Home...
- Research articles 2008-06-22
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