It's all in an important clause, found in a U.S. Securities and Exchange Commission filing about Chairman and CEO Craig Dubow's contract. Please see my new comment, here.Please post your replies in the comments section, below. To e-mail confidentially, write gannettblog[at]gmail[dot-com]; see Tipsters Anonymous Policy in the green rail, upper right.
Yes, terminate him and then fire 500 people to pay for it.
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Craig could bail on medical reasons and be entitled to a full exit package as if the company were taken over. Additionally, his executive health insurance plan might even compensate him on some sort of permanent medical disability provision should he be unable to return to work due to his condition.
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