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Many of Enron's former employees did not receive their full severance pay, and the value of their 401(k) plans, laden with Enron stock, crashed along with the company.
I spoke to each member of my corporate staff in person, trying to soften the blow with severance pay and a full explanation of my thinking.
"Upon her resignation, [Morales] acknowledged in writing that she had no pending claims against the company and signed a severance agreement which included a full release of claims and an agreement to submit any future claims to confidential binding arbitration," the statement said.
H&R Block's former chief executive, Mark A. Ernst, who oversaw the tax preparer's failed subprime lending strategy, will receive a cash severance of $2.55 million and full vesting on 762,925 stock options, the company disclosed Monday.
A full list of.
It led to a complete severance of relations and to the Archbishop's voluntary exile.
That woman received a negotiated severance of $35,000 that included a confidentiality clause, people familiar with the agreement said.
He also received a severance of some $700,000 when he left for a well-paid position at Citigroup.
While Rachel's untimely passing marks a severance of potential for Don's life, the literal severance of the episode's title is that of Ken Cosgrove.
In 1997 some 123 FTSE-100 top managers were entitled to severance packages worth more than a full year's pay.
He resigned in November over a reporting scandal, but was given a full year's salary in addition to a normal severance payment.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com