Browsing: Severance
Billionaire investor Marc Lasry accuses ex-employee of blackmailing him after he rejected her
By Press Room
Billionaire chief executive and chairman Marc Lasry is suing ex-employee Gina Strum, alleging she carried on a decade-long campaign of…
A laid-off Foot Locker employee shorted the stock and made over $100,000, authorities say
By Press Room
Financial watchdogs charged a 56-year-old New Yorker with insider trading on Tuesday, alleging the executive knew in advance that Foot…
Paramount’s Redstone to receive around $530 million between severance, benefits and sale
By Press Room
Shari Redstone, chair of Paramount Global, will get $180 million in severance and other benefits on top of hundreds of…
Pay for executives skyrocketed 12.6% last year, dwarfing the 4.1% raises for rank-and-file employees
By Press Room
The median pay package for CEOs rose to $16.3 million, up 12.6%, according to data analyzed for The Associated Press…
Amid Tesla’s bloodletting, top exec sends Musk a message: The company has ‘taken its pound of flesh’
By Press Room
Tesla’s head of product launches Rich Otto resigned from the Elon Musk-led electric vehicle maker last week—and he signed off…