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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.

 

CVS CEO's Pay Jumps 44%

Total pay for CVS Caremark's chief executive and president, Larry Merlo, jumped 44% to $20.3 million last year, according to an SEC filing.

 

A $19 Million Payday for Jefferies CEO

Richard Handler's compensation for 2012 pushes him ahead of some top executives at larger Wall Street rivals.

 

Peregrine Financial fraud loss tops $215 million, U.S. says

Peregrine Financial Group's former chief executive embezzled more than $215 million from customers of his now-defunct futures brokerage, U.S. prosecutors said in court documents filed on Tuesday.

 

Netflix to Increase CEO's Pay

Netflix

Netflix raised Chief Executive Reed Hastings's compensation package to $4 million for 2013, essentially doubling his pay this year.

 

Former Visa CEO Received $9.7 Million

Joseph Saunders, who stepped down last month as CEO of Visa, received a $9.7 million pay package for fiscal 2012.

 

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