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Target CEO’s Golden Handshake Pretty Much Matches The One For All 17,600 Canadian Employees

An interesting talking point has seized the interwebs today: The amount of money Target has set aside to pay its Canadian staff is slightly less than the money it paid out to one former employee: Its CEO.

Gregg Steinhafel took a total of $61 million U.S. from Target when he left the company last spring, according to Fortune’s calculations. Meanwhile, the fund Target set up to pay employees as it winds down operations over the next four months is set at $56 million U.S. (That’s $70 million Canadian, at current exchange rates.)

http://www.huffingtonpost.ca/2015/01/21/target-ceo-severance-canadian-workers_n_6517272.html

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This entry was posted on January 24, 2015 at 3:41 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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