El Paso Corp.’s board responded last Thursday to accusations that directors, faced with possible ouster at the company’s shareholder meeting this year, may vote out generous severance packages for displaced officers to dampen any drive by stockholders to unseat the board.
Rebuts
Articles from Rebuts
El Paso Board Rebuts Investor’s Claims Involving Severance Costs
(Editor’s Note: This story originally ran in the March 7 edition of Daily GPI)
March 10, 2003
El Paso Board Rebuts Investor’s Claims Involving Severance Costs
El Paso Corp.’s board responded Thursday to accusations that directors, faced with possible ouster at the company’s shareholder meeting this year, may vote out generous severance packages for displaced officers to dampen any drive by stockholders to unseat the board.
March 7, 2003
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