Tuesday, 1 Jul 2008 | Source: Reuters
American International Group said it paid a $47 million severance package to former Chief Executive Martin Sullivan.
The New York Supreme Court's Appellate Division Tuesday threw out a summary judgment decision that former New York Stock Exchange Chairman Richard Grasso must return a portion of his $187.5 million compensation package, and the New York attorney general's office says it will not appeal the decision.
The New York Court of Appeals upheld Wednesday a lower court ruling in a lawsuit involving the compensation paid to former New York Stock Exchange CEO Richard Grasso.
Tuesday, 13 May 2008 | Source: CNBC.com
Top managers' perks will figure high on the agenda of tonight's meeting of euro zone ministers, the Eurogroup, in Brussels, with many European officials calling for curbs on bonuses and pay, papers reported on Tuesday.
Tuesday, 13 May 2008 | Source: CNBC.com
Top managers' perks will figure high on the agenda of tonight's meeting of euro zone ministers, the Eurogroup, in Brussels, with many European officials calling for curbs on bonuses and pay, papers reported on Tuesday.
Thursday, 28 Feb 2008 | Source: Reuters
Only 39 percent of big investors think the way U.S. companies reward top executives has helped improve corporate performance, and most believe that top managers have too much influence in setting their own pay, a new study has found.
Wednesday, 6 Feb 2008 | Source: CNBC.com
Monday, 28 Jan 2008 | Source: The Associated Press
Countrywide Financial Corp. CEO Angelo Mozilo, under fire over the size of his potential payout from the proposed sale of his troubled mortgage company, says he is forfeiting some $37.5 million in severance pay, fees and perks he was scheduled to receive upon his retirement.