From: Matt <matt@proweb.co.uk>
To: 9fans@cse.psu.edu
Subject: [9fans] Struggling Lucent : McGinn gets $5.5 million one-time payment
Date: Tue, 14 Aug 2001 15:17:35 +0100 [thread overview]
Message-ID: <13468770977.20010814151735@proweb.co.uk> (raw)
http://www.theregister.co.uk/content/7/21002.html
Reuters reports that Lucent's quarterly filing with
the US Securities and Exchange Commission (SEC)
reveals that it gave McGinn a $5.5 million one-time
payment and took on loans of $4.3 million that he
had run up with two banks in exchange for the
repurchase of his stock options. McGinn already
has a pension plan from Lucent worth $1 million
a year, so its not as if he was going to go
short even without the severance package.
next reply other threads:[~2001-08-14 14:17 UTC|newest]
Thread overview: 2+ messages / expand[flat|nested] mbox.gz Atom feed top
2001-08-14 14:17 Matt [this message]
2001-08-14 14:27 jmk
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