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McDonald’s board members sued over ‘lavish’ $56 million severance for fired CEO Easterbrook
Nine members of McDonald’s board of directors have been hit with a shareholder lawsuit over $56 million in severance and compensation paid to former CEO Steve Easterbrook, who was fired in 2019 for a consensual relationship wi.....»»
FedEx to cut up to 6,300 jobs in Europe, pay up to $575 million in severance
Shares of FedEx Corp. after the package delivery company said it will cut between 5,500 and 6,300 jobs in Europe as it nears the completion o.....»»
A new book details how Google employees mocked Marissa Mayer on an internal meme page when she quit for Yahoo
AP Photo/Lionel Cironneau Marissa Mayer was mocked by her former colleagues at Google on an internal meme page after announcing she was leaving to take the top job at Yahoo. A post.....»»
Boeing"s ousted CEO departs with $62 mln, even without severance pay
Boeing Co's ousted chief executive officer, Dennis Muilenburg, is leaving the company with $62 million in compensation and pension benefits but will receive no severance pay in the wake of the 737 MAX crisis......»»
Fired Boeing CEO Muilenburg will get more than $60 mllion
Mr. Muilenburg will not receive any additional severance or separation payments in connection with his departure, and Boeing said he had forfeited stock units worth some $14.6 million......»»
Joe Reagan paid $1.1M as St. Louis Regional Chamber lost money for sixth straight year
The chamber of commerce attributed the $1.35 million loss to one-time payments, including $720,000 in severance to former CEO Joe Reagan......»»
Former Yahoo CEO Marissa Mayer"s new startup is deliberately targeting "mundane" tasks, and the first one is a holiday app that organizes addresses
AP Photo Former Yahoo CEO Marissa Mayer's startup Lumi Labs launched in March 2018, and has mostly stayed quiet since. Lumi's website says the company is focused on building consumer applications that use AI to solve everyday tasks. The worl.....»»
Marissa Mayer is back with a startup focusing on AI
Mayer has been tight-lipped about her new venture, Lumi Labs, which is focused on building A.I. applications for consumers......»»
Marissa Mayer is back with a new startup focusing on artificial intelligence
Mayer has been tight-lipped about her new venture, Lumi Labs, which is focused on building A.I. applications for consumers......»»
CBS CEO will keep the top job but still get $100 million in severance
Reuters Media giants CBS and Viacom are planning to re.....»»
A jack-o"-lantern tower, zombies, and free toys: 11 photos that show how Palo Alto"s tech billionaires celebrated Halloween
energylabsbr/Flickr Laurene Powell Jobs, Marissa Mayer, and Sheldon Adelson's stepdaughter all hosted extravagant Halloween parties for the public in Palo Alto on October 31, photos and videos of the events shared on social med.....»»
WeWork"s co-CEOs have multi-million-dollar severance deals, Bloomberg reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Alcoa announces restructuring charges, portfolio review in Q3 results
Alcoa Corp.’s (NYSE:AA) new operating model, set to begin on November 1, will cost the company $37 million in restructuring charges, mainly due to severance costs. During the quarter three earnings call Wednesday evening, Alcoa CEO Roy Harvey said .....»»
Toys R Us workers win $2 million severance settlement year after stores closed
A judge approved the settlement for 33,000 former Toys R Us employees who lost their jobs last year when th.....»»
Toys R Us workers win $2-million settlement on severance
A group of Toys R Us workers who lost their .....»»
Toys ‘R’ Us workers win $2-million settlement on severance
A group of Toys “R†Us workers who lost their jobs .....»»
Marissa Mayer named to board of children"s fashion boutique Maisonette
The Brooklyn-based company is backed by NEA, Pritzker Group Venture Capital, John Fisher of Draper Fisher Jurvetson and Thrive Capital......»»
Sears Buyer Wants to Skip $43 Million in Severance Owed to Laid Off Workers
The harder side of Eddie Lampert. When Eddie Lampert committed to buy out Sears from bankruptcy, he agreed to pay displaced workers up to $43 million. Now, he.....»»
Sears Buyer Wants to Skip $43 Million In Severance Owed to Laid Off Workers
The harder side of Eddie Lampert. When Eddie Lampert committed to buy out Sears from bankruptcy, he agreed to pay displaced workers up to $43 million. Now, he.....»»