finance-annual
U.S. bankruptcy court judge OKs $425 million for Avaya loan
January 21, 2017 by elegant · Leave a Comment
A U.S. bankruptcy court judge granted Avaya Inc approval on Friday to tap $425 million of the $725 million loan proposed to carry the telecommunications company through its restructuring, funds the company said were essential to continue operations. Avaya filed for Chapter 11 bankruptcy protection on Thursday to cut its …
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U.S. bankruptcy court judge OKs $425 million for Avaya loan
finance-annual
Morgan Stanley CEO James Gorman’s 2016 pay up 7 pct to $22.5 million
January 21, 2017 by creative · Leave a Comment
Gorman will receive $22.5 million in total compensation, up from $21 million in 2015, spokesman Mark Lake said in an email. Gorman received a $5 million stock bonus for his performance in 2016, an 8 percent increase from 2015, according to a filing with the U.S. Securities and Exchange Commission. The filing did not provide greater detail on Gorman's total 2016 compensation.
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Morgan Stanley CEO James Gorman’s 2016 pay up 7 pct to $22.5 million