By Linda Loyd, The Philadelphia Inquirer Knight Ridder/Tribune Business News By Linda Loyd, The Philadelphia Inquirer Knight Ridder/Tribune Business News
SAS has taken over far fewer of the surplus Braathens employees than it had envisaged. The final figures show that 1,020 employees have chosen to accept the offer of a severance package worth between three and 15 months' salary. This is well over twi SAS has...
Former CEO Michael Parker has left Dow Chemical Company with a severance package of $5.6 million, which includes a ... Former CEO Michael Parker has left Dow Chemical Company with a severance package of $5.6 million, which includes a provision barring any employment during...
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...
Stamford-based Xerox Corp. plans to offer 15,000 service technicians nationwide a voluntary severance package in a program to be completed by June. The technicians represent almost a half of the document company's U.S. work force. In an 8-K filing Stamford-based Xerox Corp. plans...
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:...
Byline: Sally Roberts CHICAGO-Aon Corp. has implemented a new severance package plan for its key executives in the event the Chicago-based brokerage giant is acquired. Aon's board of directors approved the new severance agreements on Jan. 21. T Byline: Sally...
By Linda Loyd, The Philadelphia Inquirer Knight Ridder/Tribune Business News By Linda Loyd, The Philadelphia Inquirer Knight Ridder/Tribune Business News
By Scott Bernard Nelson, The Boston Globe Knight Ridder/Tribune Business News By Scott Bernard Nelson, The Boston Globe Knight Ridder/Tribune Business News
By Rick Rothacker, The Charlotte Observer, N.C. Knight Ridder/Tribune Business News By Rick Rothacker, The Charlotte Observer, N.C. Knight Ridder/Tribune Business News
By Dwayne Hartnett, The Brownsville Herald, Texas Knight Ridder/Tribune Business News By Dwayne Hartnett, The Brownsville Herald, Texas Knight Ridder/Tribune Business News