Friday, August 21, 2009

No matter what happens, RD chief execs have looked after themselves

According to a post by Jason Fell at Folio:, based on documents filed this week with the U.S. Securities and Exchange Commission, no matter what happens in the bankruptcy reorganization of Reader's Digest, its two top managers will have a soft landing.During the Chapter 11 process, [CEO Mary] Berner will be paid $125,000 per month in base salary. Meanwhile, [CFO Tom] Williams will receive $68,200

No comments:

Post a Comment