Top executives see their compensation rise as industry performance improves
After Supervalu reached an agreement to acquire Albertsons last year, the board considered offering Jeff Noddle, chairman and chief executive officer, a long-term incentive package combining stock options and performance stock awards. After discussions between Noddle and the compensation committee, however, the committee decided against the full $5 million package and followed Noddle's suggestion that about 10% of that total be directed into a hardship fund for the company's employees ...
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