Duke Energy CEO to Get $44 Million in Severance for 3 Days of Work
Filed under: Energy, Company News, People, Market News
By Rob Wile
The Wall Street Journal’s Joann Lublin, Dan Fitzpatrick and Rebecca Smith have a shocking scoop today on the highly brief but highly lucrative term Bill Johnson served as CEO of a newly created utility giant.
According to their story, Johnson stands to receive up to $44.4 million in severance pay despite having served just three days leading Duke Energy, which recently bought out Johnson’s old firm, Progress Energy, to create a utility that will serve more than seven million…
Duke Energy CEO to Get $44 Million in Severance for 3 Days of Work originally appeared on DailyFinance.com on 2012-07-06T15:18:00Z.
Permalink | Email this | Comments
http://www.dailyfinance.com/2012/07/06/duke-energy-ceo-to-get-44-million-in-severance-for-3-days-of-wo/