Massey, Union Bank Battle for Approval, Group Suggests Limiting Severance Package Size
Charleston Daily Mail › May 12, 2004
Linked as:
Summary
DAILY MAIL STAFF
If the board of Massey Energy Co. won't voluntarily seek shareholder approval before offering its executives "golden parachutes," then shareholders should make their approval a mandatory requirement, a union-backed bank says.See the full content of this document
Extract
Massey, Union Bank Battle for Approval, Group Suggests Limiting Severance Package Size
As it has done with a dozen other companies, Amalgamated Bank's LongView Fund has offered Massey shareholders a proposal that would limit executive severance packages to three times the executives base pay and bonus.
Massey's ...See the full content of this document
Sponsored links
