Canned Pfizer CEO Walks Away with $198 Million

[Guest guest]

December

22, 2006

The Secrets of His Success

Canned

Pfizer CEO Walks Away with $198 Million

By PETER ROST, MD

Newspapers were filled with information

about Dr. McKinnell's $82 million pension package this spring.

Shareholders were upset that

Dr. McKinnell would receive this amount considering that Pfizer's

stock had lost almost 50% of its value during Dr. McKinnell's

tenure.

Dr. McKinnell claimed that

this wasn't his fault. He said that the stock had been overvalued

when he took over. He didn't say that shareholders had been stupid,

but in essence that is the conclusion.

Dr. McKinnell, however, has

been anything but stupid. On December 18, 2006, Pfizer entered

into an agreement with Dr. McKinnell which details the terms

of his departure from Pfizer.

What Dr. McKinnell and Pfizer

kept as their own little secret is that the $82 million retirement

package wasn't all this CEO had coming his way.FULL STORY: http://www.counterpunch.org/rost12222006.html

[Guest guest]

Just imagine how much biomed $198 million could buy

>

>

> December 22, 2006

> The Secrets of His Success Canned Pfizer CEO Walks

Away

> with $198 Million

> By PETER ROST, MD

>

> Newspapers were filled with information about Dr.

McKinnell's $82

> million pension package this spring.

>

> Shareholders were upset that Dr. McKinnell would receive this

> amount considering that Pfizer's stock had lost almost 50%

of its

> value during Dr. McKinnell's tenure.

>

> Dr. McKinnell claimed that this wasn't his fault. He said

that the

> stock had been overvalued when he took over. He didn't say

that

> shareholders had been stupid, but in essence that is the

> conclusion.

>

> Dr. McKinnell, however, has been anything but stupid. On

December

> 18, 2006, Pfizer entered into an agreement with Dr. McKinnell

> which details the terms of his departure from Pfizer.

> What Dr. McKinnell and Pfizer kept as their own little

secret is

> that the $82 million retirement package wasn't all this CEO

had

> coming his way.

>

> FULL STORY: http://www.counterpunch.org/rost12222006.html

>

[Guest guest]

Just imagine how much biomed $198 million could buy

>

>

> December 22, 2006

> The Secrets of His Success Canned Pfizer CEO Walks

Away

> with $198 Million

> By PETER ROST, MD

>

> Newspapers were filled with information about Dr.

McKinnell's $82

> million pension package this spring.

>

> Shareholders were upset that Dr. McKinnell would receive this

> amount considering that Pfizer's stock had lost almost 50%

of its

> value during Dr. McKinnell's tenure.

>

> Dr. McKinnell claimed that this wasn't his fault. He said

that the

> stock had been overvalued when he took over. He didn't say

that

> shareholders had been stupid, but in essence that is the

> conclusion.

>

> Dr. McKinnell, however, has been anything but stupid. On

December

> 18, 2006, Pfizer entered into an agreement with Dr. McKinnell

> which details the terms of his departure from Pfizer.

> What Dr. McKinnell and Pfizer kept as their own little

secret is

> that the $82 million retirement package wasn't all this CEO

had

> coming his way.

>

> FULL STORY: http://www.counterpunch.org/rost12222006.html

>