Zeev's Turnips Patch-No Politics (ZEEV)

[augieboo]

But the effect on the executives will be far smaller than those numbers would indicate. Xerox said that it would reimburse the executives for all but $3 million of the money they are paying and would also pay for their legal fees. The $3 million was classified as a fine by the S.E.C. and cannot be reimbursed under its rules.

So, out of the $22 million fine, the six of them have to split paying $3 million. For the sake of comparison, here's what the current top five XRX people make, not including options:

 
 Mulcahy, Anne M.        $5,171,679.00  
 Burns, Ursula M.        $1,741,236.00  
 Firestone, James A.     $1,253,875.00  
 Zimmerman, Lawrence A.  $1,191,522.00  
 MacDonald, Michael C.   $1,170,811.00