Ousted Duke Energy CEO Earns Up to $44.4 Million for a Few Hours Work
Date: Jul 06 2012
When Duke Energy bought out Progress Energy on Monday, it formed a utility company of colossal proportions, which will provide power to more than 7 million Americans. And a whopping company means a whopping CEO compensation package — even if that CEO is no longer the CEO. Bill Johnson resigned after just hours at the helm of the new firm, , and walked away with a severance package that could be worth up to $44.4 million.
Johnson had been the CEO of Progress…
Ousted Duke Energy CEO Earns Up to $44.4 Million for a Few Hours Work originally appeared on DailyFinance.com on 2012-07-06T16:23:00Z.
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