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Verizon Retirees Fight Against Even More Executive Golden Parachutes

2016-03-22 15:28:38| Telecom - Topix.net

Verizon Communications retiree leaders are waging a new proxy challenge to what they call "an accounting gymnastics loophole" in the mega telecom's executive golden parachute rule. Retirees say the current loophole in the compensation rule can allow Verizon's CEO and other top executives to walk away with sky-high termination payouts that could individually reach $37 million.

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Verizon Retirees Fight Against Even More Executive Golden Parachutes

2016-03-22 04:09:59| IT Services - Topix.net

Verizon Communications retiree leaders are waging a new proxy challenge to what they call "an accounting gymnastics loophole" in the mega telecom's executive golden parachute rule. Retirees say the current loophole in the compensation rule can allow Verizon's CEO and other top executives to walk away with sky-high termination payouts that could individually reach $37 million.

Tags: executive golden fight verizon

 
 

SpaceX completes successful test of parachutes for manned Dragon capsule

2016-01-29 18:30:52| Extremetech

SpaceX is one step closer to manned spaceflight.

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Jetstar parachutes executive Gerry Turner into Japan CEO role

2015-04-01 09:36:16| Airlines - Topix.net

Long-time Jetstar executive Gerry Turner has been appointed the new chief executive of Jetstar Japan, in a move that comes as Qantas Airways tries to prove that its troubled Jetstar Hong Kong joint venture is run independently, rather than as a "branch office of Qantas". Irish-born Mr Turner, a former Ryanair executive who helped launch Jetstar with now Qantas boss Alan Joyce in 2004, will replace Miyuki Suzuki.

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CEOs' golden parachutes stay at high levels

2014-04-06 12:14:19| Telecom - Topix.net

Robert Marcus, who's been chief executive of Time Warner Cable for less than three months, stands to receive nearly $80 million if Comcast buys the company and he leaves his job, according to a recent regulatory filing.

Tags: high stay levels golden

 

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