Kmart pays 9.9 million in severance under bankruptcy
Court papers show Kmart paid 9.9 million in severance last year including 3.7 million to former president Andrew Giancamilli who resigned in 2001. Documents filed under Chapter 11 in Chicago detail severance, stock options, and restricted stock as part of the company’s restructuring.
MENTIONED IN THIS ARTICLE
Kmart
Chicago
Kmart Corp
Andrew Giancamilli
Giancamilli
Marty Zohn
Proskauer Rose LLP
Martin Welch III
Troy
Wal-Mart Stores Inc
Target Corp
Court approves Kmart Penske agreement
A federal court on Tuesday approved an agreement between Kmart Corp. and Penske Corp. detailing how to shut down Penske's auto service centers at more than 550 Kmart locations.
MENTIONED IN THIS ARTICLE
Chicago
Kmart Corp
Penske Corp
Penske
Kmart
Also Mentioned on This Page
Southern
Southern Illinois
Thesouthern.com
Ibésst
Matehi Tax & Labor
Bob Buildir
Spirit of Country
Cnts
Romania
Penske Auto Centers
Dillard
Alonzo
Laney
Taupe
Navy
Orig
Dillard’s Charge
Visa
MasterCard
American Express
Discover
Carte Blanche