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ceo, severance
(Image from article: "Ex-GM boss Wagoner gets $10M retirement")

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Judge denies $20M severance deal for AMR CEO

American Airlines CEO Tom Horton - AP

A federal bankruptcy judge has at least temporarily blocked a proposed $20 million severance payment for the CEO of American Airlines as part of the company's merger with US Airways. The judge ruled Thursday that the proposed payment to CEO Tom Horton exceeded limits that Congress set for bankruptcy cases in 2005.

 

Ex-GM boss Wagoner gets $10M retirement

Ex-GM boss Wagoner gets $10M retirement

Former General Motors Corp. Chairman and CEO Rick Wagoner will retire Aug. 1 with a benefit package the automaker valued at more than $10 million.

 

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