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Ghosn's swift downfall comes as a result of a Japanese criminal case against him for causing Nissan to make incomplete securities disclosures about his deferred compensation.
On completion of the buyout, Mr. Eyler will receive about $65.3 million, including $7 million he accrued in a deferred compensation account, and Mr. Kay will receive about $14.7 million, including $1.3 million from his deferred compensation account.
While some Enron executives were able to request and pull their deferred compensation out of Enron before it collapsed, Mr. Lay did not request or receive any of his deferred compensation, Ms. Kimberly said.
Mr. Rumsfeld also said he was required to replace his deferred compensation from the Kellogg Company, where he was a director, with an insurance policy to avoid potential conflicts.
Frank Cashen, the former general manager of the Mets who built the team that won the 1986 World Series, said it was his understanding that several million dollars of his deferred compensation had been invested with Mr. Madoff, but that he had been paid.
Merrill's directors, moreover, allowed O'Neal to resign, rather than be fired, which forced investors to kick in another $136 million for his deferred compensation and stock options.
Similar(41)
(This is a classic instance of his deferring of responsibility.
With them or without them, he gives a strong performance made additionally gallant by his deferring to Metcalf.
The officer who convened a court martial could not sit on it, and the most junior officer voted first (to lessen the chance of his deferring to a superior's opinion).
Even his nephew Hamo deferred his place at Merton College, Oxford, to serve his country.
Instead, Chafee, the junior senator, followed his instincts and deferred to his elders, just as his father might have advised.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com