Yahoo sends CEO packing without severance package - BusinessWeek


CTV.ca
Yahoo sends CEO packing without severance package
BusinessWeek
Yahoo ended Scott Thompson's four-month stint as its CEO without giving him a severance package, according to documents filed Monday. Thompson, 54, left Sunday in a management shake-up triggered by inaccurate information in his official biography.
Yahoo Says No Severance Pay For Ex-CEO Thompson >YHOO Wall Street Journal
Yahoo CEO Gets No Severance Package TIME

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Best Buy CEO Brian Dunn Gets $6.6 Million Severance Package After 'Friendship ... - Forbes


CBS Local
Best Buy CEO Brian Dunn Gets $6.6 Million Severance Package After 'Friendship ...
Forbes
Who knows what will become of Brian Dunn after this performance, but he shouldn't have to worry about his finances any time soon. As the investigation wrapped up, Dunn and the audit committee agreed on his separation package, which totals $6.6 million.
Best Buy CEO To Get Multi-Million Dollar Severance Package CBS Local
Best Buy Approves $6.6M Severance Package to Disgraced Former CEO brandchannel.com
Best Buy Founder Schulze Steps Down After Scandal WLTX.com
Los Angeles Times
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Crew weigh in on severance pay - The Triton

Crew weigh in on severance pay
The Triton
It is a legal document that I had a maritime lawyer draft for me with all of the legal mumbo-jumbo including statements about severance pay and holiday pay, etc. It gets signed by both parties and initialed on each page.

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Good Question: Why Do CEOs Get Paid So Much To Leave? - CBS Local


CBS Local
Good Question: Why Do CEOs Get Paid So Much To Leave?
CBS Local
MINNEAPOLIS (WCCO) – Most of us are lucky to get two weeks' pay if we get fired. But when a CEO gets the axe, or resigns to avoid being fired, he or she often walks away with millions in severance. Why do failed CEOs get paid so much to leave?
Dunn's severance deal: $4 million Minneapolis Star Tribune
Best Buy Gets Worse: CEO Dunn May Be Done, but His Payday Isn't DailyFinance

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Fired JP Morgan CEO gets $32 million dollars as her severance pay - Democratic Underground


Globe and Mail
Fired JP Morgan CEO gets $32 million dollars as her severance pay
Democratic Underground
One of the best-paid women on Wall Street, Ms Drew last year received a remuneration package worth $US15.5 million. Corporate filings show that following her resignation she is entitled to $US400,000 in severance as well as a share award that was worth ...
Another Woman Loses a Top Spot on Wall Street BusinessWeek
JPMorgan replaces several top traders Barre Montpelier Times Argus
JP Morgan investment boss Ina Drew quits over bank's $2bn losses The Guardian

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3 Severance Pay Questions Every Employee Should Ask - U.S. News & World Report (blog)

3 Severance Pay Questions Every Employee Should Ask
U.S. News & World Report (blog)
By Lindsay Olson Due to the growing number of layoffs that have occurred at companies nationwide over the last few years, severance pay is a hot topic. Severance is a specified amount of money you would receive in the event of being laid off or taking ...

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Single mother 'hopeful' but still struggling after Caterpillar's EMD shutdown - Globe and Mail

Single mother 'hopeful' but still struggling after Caterpillar's EMD shutdown
Globe and Mail
The Globe and Mail recently caught up with Ms. Gordon, who is still unemployed, living off her severance package and working one day a week at the local job action centre. Follow her story and others on globeandmail.ca. Kelly Gordon was one of about ...

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Yahoo awarded former CEO $16.4 million package in 2011, including $3 million ... - Washington Post

Yahoo awarded former CEO $16.4 million package in 2011, including $3 million ...
Washington Post
SAN FRANCISCO — Former Yahoo CEO Carol Bartz received a compensation package valued at $16.4 million in her final year on the job, including a $3 million severance payment after the troubled Internet company abruptly fired her last September.

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Two AMR Union Groups Reject Contract Revisions - Wall Street Journal

Two AMR Union Groups Reject Contract Revisions
Wall Street Journal
By reaching consensual agreement on a new contract, those 11000 employees voted to preserve about 1300 jobs that originally were going to disappear, and will be in line for modest future pay increases, a profit-sharing plan and a voluntary severance ...

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Facing more scrutiny, corporate boards evolve - Kansas City Star


Kansas City Star
Facing more scrutiny, corporate boards evolve
Kansas City Star
Yahoo Inc. CEO Scott Thompson agreed to resign over the weekend, and directors are trying to find out whether they can label his departure a firing “for cause” so they don't have to pay a hefty severance package. The Yahoo board, itself in a turmoil of ...

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