At the end of the line, a big pot of gold

Article Abstract:

Top executives are also offered pension plans in addition to huge salaries, bonuses and stock options. A typical pension plan is designed to give provie top management an annual retirement income equal to 2% of pay multiplied by the number of years in the company. Executive pensions, or supplmental executive retirment plans, usually play bigger roles in industries that need professional management as banking, and less in entrepreneural type of industry such as mining exploration.

United States, Strategy & planning, Pension Funds & Benefit Plans, Pension Funds, Pension Fund Management, Financial management

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Ghost of Holy Joe haunts Torstar

Article Abstract:

The survival of the Canadian company, Torstar after the exit of John Honderich, is discussed. The company is a family owned business of Honderichs and is also the owner of Toronto Star and Harlequin books.

Newspapers, Management dynamics, Executive changes & profiles, Management, Officials and employees, Newspaper publishing, Company business management, Torstar Corp.

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