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Monday, October 22, 2007
Bankruptcy court approves raise for Asarco CEO
"Bloomberg News Tucson, Arizona | Published: 10.22.2007 A judge ruled that Tucson-based copper producer Asarco LLC can raise the salary of CEO Joseph Lapinsky from $425,000 to $500,000, pay him an $85,000 bonus, and make him eligible for another performance bonus for as much as 75 percent of his salary payable at the discretion of the board, Bloomberg News reported...."
Posted by Elpaso at Monday, October 22, 2007