-- Sears Holding Corp. has signed a contract with Edward Lampert to keep him on as CEO of the company at a salary of $1 per year.A regulatory document filed Wednesday shows that the billionaire hedge fund manager will be paid an annual base salary of $1, but with the opportunity for a bonus of up to $2 million in cash or stock and up to $4.5 million in stock per year.Read More...
Stories Related to Sears Ceo Edward Lampert's New Annual Salary: $1
The Huffington Post News Editors, Huffington Post
Thu, 03/21/2013 - 11:28am
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The retailer looks to sell its Sears Home Improvement Products business to Service.com for $60 million, subject to an auction, as its sale process gets underway in earnest. The retailer looks to ...
11/5/2018 - 5:48 am | View Link - US retail giant Sears files for bankruptcy
It was America's largest retailer by revenue until 1989, when Walmart overtook it, Mr Lampert's hedge fund ... in losses between 2013 and 2017, while annual revenues fell to $16.7bn in 2017 ...
10/14/2018 - 7:04 pm | View Link - More
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