Question
The SEC filing also included a new employment contract for Sears chief executive Alan Lacy, who is slated to be CEO and vice chairman of
The SEC filing also included a new employment contract for Sears chief executive Alan Lacy, who is
slated to be CEO and vice chairman of the combined company, Sears Holdings Corp. Under the
employment pact, which runs for 5 years after the mergers effective date, Lacy is entitled to a minimum
base salary of $1.5 million a year and a target annual bonus of 150% of the base salary.
4. What is the PV of Mr. Lacys pay package?
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How To Understand Business Finance
Authors: Bob Cinnamon, Brian Helweg-Larsen
2nd Edition
0749460202, 978-0749460204
