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Malone Compensation Package Criticized

May 30, 2008  •  Post A Comment

Dealmaker John Malone, chairman of Liberty Media, is being criticized for provisions of his compensation package, the New York Post says. Proxy Governance is urging shareholders to votes against the re-election of two directors to protest the pact, under which Mr. Malone would receive a severance package of as much as $120 million, or $107.7 million if he’s fired for cause.

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