Comment on Heinz CEO entitled to $56 million golden parachute

Heinz CEO entitled to $56 million golden parachute

Heinz CEO entitled to $56 million golden parachute Associated Press Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Published 3:46 pm, Monday, March 4, 2013 NEW YORK (AP) — Heinz CEO William Johnson is entitled to a golden parachute worth $56 million if he's fired by the company's new owners. Johnson is also entitled to a payout of $99.7 million in vested stock and $57 million in deferred compensation benefits that he accrued over his 30-year career with Heinz.

 

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