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  • PFIZER'S MCKINNELL TO GET $180 MILLION RETIREMENT PACKAGE

    12/21/2006 8:36:07 PM PST · by MeneMeneTekelUpharsin · 74 replies · 2,689+ views
    Yahoo Finance ^ | 21 December 2006 | Ellen Simon
    NEW YORK (AP) -- Pfizer Inc.'s former chief executive, Henry A. McKinnell, who was forced into an early retirement in part because of investor anger about his rich retirement benefits, will get every penny of it and more, a new regulatory filing shows. McKinnell's package, which the company disclosed in a filing with the Securities and Exchange Commission Thursday, totals more than $180 million. It includes an estimated $82.3 million in pension benefits, $77.9 million in deferred compensation, and cash and stock totaling more than $20.7 million. The total value could grow to almost $200 million if McKinnell gets a...