Golden parachutes also protect managers even following poor performance.
Not exact matches
Katz, who demanded the library's Board of Trustees snip the lines of the secret
golden parachute in Galante's contract,
also told him she did not want to engage in a «back and forth» about the issue at the hearing.
At the time of his resignation he said he would
also stand down as MP for Glasgow North East — meaning he would forgo the # 64,000 «
golden parachute» for MPs who depart at a general election.
Mr. Lampert continued, «In addition to the Board's unilateral expansion of «
golden parachute» payments for management and its unilateral adoption of the «poison pill,» we are
also concerned with the Board's apparent dismissal of the compelling transaction proposed by MediciNova.
«To protect the taxpayers, we insisted on tough oversight and accountability,» Pelosi said, adding,» «We
also reformed CEO compensation and [put] an end to
golden parachutes.»