• golden parachute

    3 Reasons Why It's Better To Be A Fired Sears CEO Than It Is To Be You

    lewis.jpgBad at your job? So was Aylwin B. Lewis, president and chief executive of Sears Holdings Corp..

    Here are 3 reasons why it's better to be the fired CEO of Sears than it is to be you:

    3. $1.8 million in restricted shares and stock options currently worth $616,875 for doing nothing.

    2. Health benefits for doing nothing.

    1. $1,000,000 a year salary for doing nothing.

    Departing CEO to Get $1M Annual Salary [Yahoo!](Thanks, Tim!)
    Sears filing outlines payout to ousted CEO [Chicago Tribune]
    (AP Photo/Gregory Bull, file)

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