RSS icon

Top Stories

Termination

Ex-Sara Lee Executive to Land $2.5 Million in Leaving Firm

September 26, 2011
According to the filing, C.J. Fraleigh will continue to receive a pro-rated amount of his most recent annual base salary of $597,000 through his termination date of Jan. 13, 2012. He also will receive severance of $2 million over 21 months, which is the equivalent of his annual salary plus 75 percent of his bonus target for fiscal 2012 ending June 30.
Read More