Friday, December 23, 2016

Here's how much in severance Host Hotels' departing CEO will get

Outgoing Host Hotels & Resorts (NYSE: HST) CEO Ed Walter will receive a nearly $5.3 million severance payment, along with other compensation, upon his departure from the company, according to federal filings. Walter, who announced his resignation Dec. 14, will step out of the CEO role at the end of the month, though the Bethesda-based company said he will stay on to aid in the transition until the end of January. As he leaves, Walter will receive $5.28 million in severance, which is equal to two…



from http://www.bizjournals.com/baltimore/news/2016/12/23/heres-how-much-in-severance-host-hotels-departing.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/154857355257

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