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Keyword: ceobonus

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  • New York Times paid former CEO $24 million [ Falling corp shorts employees ]

    03/09/2012 4:58:01 PM PST · by NoLibZone · 15 replies
    Reuters ^ | March 9 2012 | Reuters
    - Former New York Times Co (NYT.N) Chief Executive Janet Robinson received a total payout of nearly $24 million after she left the newspaper publisher at the end of last year, according to a regulatory filing on Friday. Robinson, a 28-year veteran with the company, has yet to be replaced by Chairman and Publisher Arthur Sulzberger Jr, who is temporarily acting in her place. Robinson's package includes a $4.5 million consulting fee that The Times had agreed to pay as part of her exit package, as well as pension benefits and performance-related payments. Excluding the consulting fee, Robinson would have...