John Gillespie was an investment banker for eighteen years with Lehman Brothers, Morgan Stanley, and Bear Stearns and was the CFO of a nationwide health care company with 24,000 employees. He is married to New Yorker writer Susan Orlean.
A Bank of America director questioned the CEO's $76 million pay package in a year when the bank was laying off 12,600 workers and found herself dropped from the board without notice a few months later. According to their employment agreements -- approved by boards -- 96 percent...
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