Archive for November 5th, 2008

Would You Take (At Least) $3.5M to Fix GGP?

That’s what Adam Metz, interim chief executive officer of the debt-laden mall REIT is getting in base salary and fixed bonuses, according to Crain’s. Metz could also see a $1 million discretionary bonus and has options to buy one million shares.

His counterpart, interim president Thomas H. Nolan Jr., gets a $1.25-million base annual salary, a $1.6-million fixed bonus, and a discretionary bonus of $800,000. He has the option to buy 800,000 shares.
Continue reading ‘Would You Take (At Least) $3.5M to Fix GGP?’


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