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McDonald's shareholders want say in severance packages

May 25, 2006

MarketWatch: McDonald's Corp. shareholders supported a proposal May 26  to urge the board of directors to let them have a say on golden parachutes for senior executives. The proposal  calls for shareholder OK on severance packages that provide departing executives with benefits and/or cash that exceeds 2.99 times the sum of that manager's salary and bonus.
 
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