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.

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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.

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