Tuesday, September 25, 2007
Asarco asks to raise CEO's salary
"Asarco asks to raise CEO's salary
Tucson, Arizona Published: 09.25.2007
Tucson-based copper producer Asarco LLC is asking the bankruptcy court to raise the salary of its CEO, Joseph Lapinsky, from $425,000 to $500,000, pay him an $85,000 bonus, and make him eligible for another performance bonus payable at the discretion of the board up to 75 percent of his salary, Bloomberg News reported....."
Posted by Elpaso at Tuesday, September 25, 2007