W.R. Grace to pay executives bankrupt...

W.R. Grace to pay executives bankruptcy-exit bonuses

There are 1 comment on the The Baltimore Sun story from Feb 27, 2014, titled W.R. Grace to pay executives bankruptcy-exit bonuses. In it, The Baltimore Sun reports that:

Columbia's W.R. Grace & Co. said Thursday that it will give CEO Fred E. Festa a $1.5 million cash payment, part of a package of "emergence" bonuses in the wake of its exit from a nearly 13-year-long bankruptcy case.

Join the discussion below, or Read more at The Baltimore Sun.

HO HO HO

Westborough, MA

#1 Feb 28, 2014
Don't you think that Fred Festa is already rich. Don't forget all the shares they own and they just recently did some insider trading and sold a lot of their shares, How rich do they want to get? What about the hard working poor employees who lost their jobs, and don't have medical, and who worked hard for more than ten years in this company. I hope they could sleep good at night knowing they treat poor hard working employees who got nothing in return. Don't forget all the asbestos victims. WHAT A SHAME.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Business News Discussions

Title Updated Last By Comments
What happened to 2nd chances? Convicted Felons ... (Jul '09) 7 hr VanFu 107
Optimize eCommerce images for SEO is importantÂ…... 11 hr TMOGroup 1
News Critics say Wells Fargo CEO should forfeit more... 14 hr Xstain Mullah Fra... 1
News This election year, costume shops are declaring... 14 hr Xstain Mullah Fra... 3
Oakmere Home Advisors Striving for quality 16 hr eulabenett 1
How To Identify Acacia Flooring Is Good Or Bad Wed wonderchen 1
OMG!!! found real wu seller (Jun '13) Tue Pissedoff 29
More from around the web