Footnoted.org
Michelle Leder notes that Dow Jones waited until today to file its 8-K report concerning departing Wall Street Journal publisher Karen Elliott House. Leder writes: "House will continue to work 'for a couple of transition months.' After the transition period, she’ll continue to collect her regular salary for two additional years, plus collect a bonus equal to two times her target bonus, whatever that works out to. In 2004, House made $513K in salary and received a bonus of $180K, which the proxy notes was 'slightly above target levels.' Stock options that she holds will continue to vest and she’ll also collect additional money under the company’s long-term incentive plan."
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