Category: Merger Money

CEO Snags $44 Million for 20-Minute Tenure

A boardroom coup last week resulted in outrage, contoversy and a wealthy loser. When the merger between Duke Energy and Progress Energy closed to form an electric utility powerhouse, Progress Energy chief executive Bill Johnson took over as CEO of the…

$50 Million Golden Parachutes

Nov. 1, 2011 – Pending company mergers and acquisitions are about to make some CEOs very happy, and very rich. Three company chiefs are each scheduled to earn more than $50 million for selling their companies. The Wall Street Journal…