The Latest in IT Security

Time Warner Cable employees to share $416 million under retention plan

06
Sep
2014

Employees of Time Warner Cable will be $416 million richer even if the cable operators merger with Comcast does not close, a move designed to keep staff from bolting while federal regulators contemplate the deal. A proxy statement, prepared for the shareholders meetings of both companies in October to vote on the merger, also lays out the nearly $81.8 million golden parachute that Time Warner Cables chairman and chief executive, Robert D. Marcus, would receive. Comcast Corp last February said it would buy Time Warner Cable Inc in a $45.2 billion stock swap that combines the two largest U.S.

Comments are closed.

Categories

THURSDAY, JANUARY 21, 2021
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments