Archive for the ‘Business Stories’ Category
The 20 Most Outrageous CEO Parachutes
$35 million for bogus expense reports? Mark Hurd’s H-P payoff was just another routine day in the life of corporate America. How his parachute stacks up against 20 all-time malfeasants. Former Hewlett-Packard CEO Mark Hurd may be hurting from the media swirl around his alleged relationship with a contractor and false expense reports, but his wallet will […]
In: Business Stories · Tagged with: Bp Ceo, Bruce Karatz, Ceo Mark, Fannie Mae, Franklin Raines, Henry Mckinnell, Home Depot, Mark Hurd, Merrill Lynch, Michael Eisner, O Neal, Parachutes, Paragons, Robert Nardelli, Routine Day, Severance Package, Total Value, Unitedhealth, Whipping Boy, William Mcguire
HP CEO, Mark Hurd, Resigns
HP CEO Mark Hurd has resigned, leaving CFO Cathie Lesjak to run the company on an “interim basis.” The reason for quitting? He was told to leave by legal counsel due to an investiagtion of sexual harassment against him by an outside contractor. According to the press release, “the investigation determined there was no violation […]
In: Business Stories · Tagged with: 192, Base Salary, Business Conduct, Cash Bonus, Ceo Mark, Doldrums, Effective Leader, Financial Integrity, Hp Ceo, Hp Hp, Instances, Interim Basis, Legal Counsel, Lesjak, Mark Hurd, Painful Decision, Quarter Financials, Sexual Harassment Cases, Sexual Harassment Policy, Wage Freeze
BILL FORD RETROACTIVELY PAID FOR WORK AS CHAIRMAN
By Mark Kleis Ford Motor Company’s executive chairman, Bill Ford Jr., vowed five years ago not to take any payment from the automaker that bears his name until the company’s automotive sector achieved a full year of profitability without the aid of special items. Following five consecutive quarters of profitable growth, Bill Ford Jr. will finally end his […]
In: Business Stories · Tagged with: Automaker, Bill Ford, Chairman Bill, Consecutive Quarters, E Mail, Executive Chairman, Ford Employees, Ford Motor, Ford Motor Company, Ford Stock, Fund Source, Kleis, Personal Loans, Profitability, Profitable Growth, S Automotive, Salary Information, Scholarship Fund, Stock Ford, Stock Options
