Sentence examples for executive severance packages from inspiring English sources

Peter Oppermann, a senior consultant at the New York office of Mercer Human Resource Consulting, has been helping several troubled companies enhance executive severance packages.

The board eventually responded to criticism over the company's multimillion-dollar executive severance packages.

Their chief, Craig Conway, tossed in this grenade: If the deal goes through, Oracle will have to spend $2.2 billion for raised executive severance packages and customer rebates.

Vivendi said the package violated French law, which required a vote of a company's full board for the approval of an executive severance package.

In a recent report, he looked at the chief-executive severance packages and benefits that companies with exposure to subprime troubles disclose, and the average is about 66 million.

The regulator of Fannie Mae and Freddie Mac set an example when the government took over the mortgage finance companies last week — barring them from paying their former chief executives severance packages worth millions that were stipulated in their contracts.

The company has not announced how it will handle the executives' severance packages, Huntley said.

Mr. Taubman's lawyers also maintain that Christie's has continued to pay Christopher M. Davidge, its former chief executive, a severance package worth about $7 million despite evidence that he withheld documents from a grand jury and lied about the collusion.

WITH the economy slowing and stocks in a slump, shareholders may finally become less tolerant of excessive executive compensation and severance packages.

For his part, Mr. McCain has advocated so-called say-on-pay legislation to require that all aspects of chief executive pay, including severance packages, be approved by shareholders.

With senior positions scarce, laid-off executives with generous severance packages might consider starting a company, Mr. Quinn says.