How much severance would you expect after one day on the job? Not a lot, right? Well, the now ex-CEO of Duke Energy Corp., Bill Johnson, is getting up to a cool $44.4 million for his one day at the helm. Johnson had previously been CEO of another energy company that merged with Duke and signed a contract to be Duke’s chief officer when the merger took effect.
Tag Archives: merger
Yuan Jiang, Chinese Wine Mogul: 10,000 Bottles a Day and Counting
This post is in partnership with Worldcrunch, a new global-news site that translates stories of note in foreign languages into English.
Railroads: Toward the 21st Century Ltd.
No green light flared from a track-side tower; no warning whistle echoed down the line.
Cadbury rejects Kraft merger plan
British candy maker Cadbury has rejected a 10.2 billion pound ($16.7 billion) offer from U.S.