homeWelcome, sign in or click here to subscribe.login
     


 

 

Business



Subscriber content preview

October 30, 2006

All Business: Countrywide CEO gets $10M not to retire

  • Last year, Angelo Mozilo made nearly $142 million, making him the sixth highest-paid executive in corporate America.
    • By RACHEL BECK
    AP Business Writer

    NEW YORK — As if Countrywide Financial Corp.'s CEO isn't getting paid enough, the mortgage lender's board is taking the unprecedented step of lavishing him with $10 million in retirement money.

    And he isn't even retiring.


     
    . . .


    To read this story in full login or purchase a subscription.



    Previous columns:


    
    Email or user name:
    Password:
     
    Forgot password? Click here.