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dArKeR Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-11-03 06:23 AM
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More Hefty Payments For NYSE Bigs
The New York Stock Exchange's top two executives have earned $22 million in retirement benefits each, according to payroll data released Friday by the exchange.

The benefits, which some compensation experts called excessive, came as the exchange continues to grapple with reforms amid new complaints about its specialist system.

Robert Britz, 54 and Catherine Kinney, 50, co-chief operating officers and presidents of the NYSE, would be due $22.6 million and $22 million, respectively, if they were awarded a lump-sum payment such as the one ousted chairman Dick Grasso took in August.

http://www.cbsnews.com/stories/2003/10/10/national/main577573.shtml
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Livadia Donating Member (14 posts) Send PM | Profile | Ignore Sat Oct-11-03 05:55 PM
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1. Uhm...
Do these people REALLY need retirement benefits ?
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newyawker99 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-11-03 06:25 PM
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2. Hi Livadia!!
Welcome to DU!! :toast:
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