CANADA: Loblaw's Richard Currie scoops further C$10m retirement package
Richard Currie, outgoing president of reinvigorated Canadian supermarket chain Loblaw, will be awarded a C$10m (US$6.2m) retirement package when he leaves Loblaw parent company George Weston next month. Company documents released yesterday [Thursday] show that, in addition to the C$10m retirement package, Currie will receive a salary of C$1.45m for his work in 2001, a 2001 bonus of C$500,000, C$24m in stock options that were due in 2001, C$16m in stock options that will come due in future and an annual pension of C$500,000.
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