Question
Transamerica Capital's analytical model removes severance payments to executives from the compensation data it uses for its analysis which is expressed as a multiple of
Transamerica Capital's analytical model removes severance payments to executives from the compensation data it uses for its analysis which is expressed as a multiple of base salary. In contrast, it does not remove post-employment continuation of health coverage premium benefits provided under the Consolidated Omnibus Budget Reconciliation Act and other benefits that the executive might have received at the time they are terminated. Based on the information provided below, list the executive(s) that received severance payments and how much the executive(s) received. For readability, the footnotes in the image below are listed here: * For Mr. Vaillancourt, includes a matching 401(k) contribution of $17,606 and an employer 401(k) contribution of $5,800. For Mr. Childress, includes a matching 401(k) contribution of $17,400 and an employer 401(k) contribution of $5,800. For Mr. Mclean, includes a matching 401(k) contribution of $17,606 and an employer 401(k) contribution of $5,800. For Dr. Sweeney, includes a matching 401(k) contribution of $21,071 and an employer 401(k) contribution of $5,800. For Mr. Bower, includes a matching 401(k) contribution of $18,915 and an employer 401(k) contribution of $5,800. For Mr. Riley, includes a matching 401(k) contribution of $17,400 and an employer 401(k) contribution of $5,800. ** For Mr. Vaillancourt, includes a matching contribution of $46,265 and an employer contribution of $10,391. For Mr. Childress, includes a matching contribution of $53,569 and an employer contribution of $13,552. For Mclean, includes a matching contribution of $42,006 and an employer contribution of $9,169. For Dr. Sweeney, includes a matching contribution of $30,835 and an employer contribution of $5,525. For Mr. Bower, includes a matching contribution of $26,637. For Mr. Riley, includes a matching contribution of $23,746 and an employer contribution of $27,119. *** Pursuant to his Separation Agreement, Mr. Riley received the following for 2021: two times his annual base salary ($1,800,000); COBRA premium payments ($12,134); and continued access to the company's office space in Washington D.C. ($21,373)
For Mr. Vaillancourt, includes a matching 401(k) contribution of $17,606 and an employer 401(k) contribution of $5,800. For Mr. Childress, includes a matching 401(k) contribution of $17,400 and an employer 401(k) contribution of $5,800. For Mr. McLean, includes a matching 401(k) contribution of $17,606 and an employer 401(k) contribution of $5,800. For Dr. Sweeney, includes a matching 401(k) contribution of $21,071 and an employer 401(k) contribution of $5,800. For Mr. Bower, includes a matching 401(k) contribution of $18,915 and an employer 401(k) contribution of $5,800. For Mr. Riley, includes a matching 401(k) contribution of $17,400 and an employer 401(k) contribution of $5,800. * For Mr. Vaillancourt, includes a matching contribution of $46,265 and an employer contribution of $10,391. For Mr. Childress, includes a matching contribution of $53,569 and an employer contribution of $13,552. For Mr. McLean, includes a matching contribution of $42,006 and an employer contribution of $9,169. For Dr. Sweeney, includes a matching contribution of $30,835 and an employer contribution of $5,525. For Mr. Bower, includes a matching contribution of $26,637. For Mr. Riley, includes a matching contribution of $23,746 and an employer contribution of $27,119. *.. Pursuant to his Separation Agreement, Mr. Riley received the following for 2021: two times his annual base salary ($1,800,000); COBRA premium payments (\$12,134); and continued access to the company's office space in Washington D.C. ($21,373). For Mr. Vaillancourt, includes a matching 401(k) contribution of $17,606 and an employer 401(k) contribution of $5,800. For Mr. Childress, includes a matching 401(k) contribution of $17,400 and an employer 401(k) contribution of $5,800. For Mr. McLean, includes a matching 401(k) contribution of $17,606 and an employer 401(k) contribution of $5,800. For Dr. Sweeney, includes a matching 401(k) contribution of $21,071 and an employer 401(k) contribution of $5,800. For Mr. Bower, includes a matching 401(k) contribution of $18,915 and an employer 401(k) contribution of $5,800. For Mr. Riley, includes a matching 401(k) contribution of $17,400 and an employer 401(k) contribution of $5,800. * For Mr. Vaillancourt, includes a matching contribution of $46,265 and an employer contribution of $10,391. For Mr. Childress, includes a matching contribution of $53,569 and an employer contribution of $13,552. For Mr. McLean, includes a matching contribution of $42,006 and an employer contribution of $9,169. For Dr. Sweeney, includes a matching contribution of $30,835 and an employer contribution of $5,525. For Mr. Bower, includes a matching contribution of $26,637. For Mr. Riley, includes a matching contribution of $23,746 and an employer contribution of $27,119. *.. Pursuant to his Separation Agreement, Mr. Riley received the following for 2021: two times his annual base salary ($1,800,000); COBRA premium payments (\$12,134); and continued access to the company's office space in Washington D.C. ($21,373)Step by Step Solution
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