The company gave three executives similarly cushy treatment, even though it did not have any legal obligation to do so, the Times found.
[C6.] ABC Realigns Its News Division ABC realigned the management of its news division, giving three executives new duties under the president, David Westin.
ABC realigned the management of its news division yesterday giving three executives new duties under the division's president, David Westin.
In a series of stunning events, Mr. Carty's career began to crumble on the night of April 15, when American made a filing with the Securities and Exchange Commission that disclosed that the company had decided last March to give seven executives cash bonuses equal to up to twice their base salaries if they stayed until January 2005.
Moreover, power-company executives are some of Japan's most generous political donors; the utilities have not made corporate donations in a generation, but in 2009 individual executives gave seventy-two per cent of all personal contributions to the Liberal Democratic Party.
Computer Associates has been an off-and-on target of short sellers for more than a decade, but its problems began in earnest in May 1998, when it gave three of its top executives a $1 billion stock grant, becoming a symbol of management greed to many investors.
As Tim Clissold's new book "Chinese Rules" was being prepared for publication, Chinese prosecutors fined British drug maker GlaxoSmithKline $492-million and gave one of its senior executives a suspended jail term.
But in East Anglia, a leading female chief executive was given two jobs: Gillian Beasley, already chief executive of Peterborough city council, took on the top position at Cambridgeshire as well, initially for 12 months.
Santander-Serfin shareholders approved a board reshuffling Tuesday that will give two seats to two Bank of America executives.
