November 2007
Multichannel News;11/19/2007, Vol. 27 Issue 46, p32
The article contends that Jeff Bewkes, chief executive officer of Time Warner Inc., also wants to be chairman. According to the author, if Bewkes is named chairman before January 1, 2009, his yearly salary will reach $2 million in the first year. The author notes that if Bewkes is not made chairman, he can leave, but it could cost him some money. The author claims Bewkes would only receive compensation earned up to the point of his resignation and he would not be eligible for severance.


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