Conway's fall from grace softened by $20m golden parachute
News Conway's "golden parachute" is projected to be between $10m to $20m, company spokesman Steve Swasey said. PeopleSoft, based in Pleasanton, California, boosted Conway's golden parachute last year, just before Oracle launched its hostile takeover bid.
[October 4, 2004, 9:50]
Kumar forced to relinquish golden parachute
News Sanjay Kumar, former chief executive of Computer Associates, was forced to give back over $8m (£4.4m) in restricted stock and other forms of compensation when he exited the company last month. According to financial documents filed by CA with the...
[August 2, 2004, 14:50]
Ballmer's email to employees about layoffs
Blog Comment He's packing his golden parachute now. Just like Balmer is confusing revenue income with stock dividends. He wants to show "fiscal responsibility" to keep the stock price up. How long do you think it will be before he wants to cash his options and...
[January 24, 2009, 14:36]
Oracle appeals to PeopleSoft shareholders
News Among the list of PeopleSoft management's alleged sins outlined in the letter are a $60m "golden parachute" severance packaged awarded to Conway by the PeopleSoft board; a campaign to misinform PeopleSoft customers about Oracle's takeover...
[February 18, 2004, 9:05]
