Archive for the 'severance' Tag

Merger talk is swirling around United Airlines (UAL), with reports of a deal in the works first with US Airways (LCC) and more recently with Continental Airlines (CAL). We’re sure there are plenty of operational reasons United’s management might be looking for a deal. But we also couldn’t help noticing that the company has made [...]

UnitedHealth (UNH) CEO Stephen J. Hemsley got some ink this week for his 2009 pay package, which jumped to $8.9 million from $3.2 million, by the calculation in the company’s proxy. The Associated Press tallied it differently, but notes that UnitedHealth’s profit rose 31% to $3.8 billion even as it saw a 6% decline in [...]

For a store that makes money on the principle of thrift, Dollar General (DG) can be surprisingly generous with its departing executives. We first saw this in 2005, when Michelle wrote this post about the company’s lucrative send-off for “Chairman Emeritus” Cal Turner, Jr.  At the time, Dollar General announced Turner’s retirement without mentioning that he [...]

When Microsoft (MSFT) announced on Nov. 24 that CFO Chris Liddell would be leaving the company by the end of the year, the release said that Liddell was “looking at a number of opportunities that will expand his career beyond being a CFO”. About a month later, we learned that Liddell would in fact continue [...]

Friday was one of those rare days when markets are closed, but the SEC is open for filings. That led to lots of interesting filings late Thursday and also on Friday. But one of the ones that jumped out at me wasn’t for a public company. Instead, it was this 10-K from the Federal Home [...]