may have been forced out at Charles Schwab
in July, but he also left with $6.2 million in hand.
The ousted former chief executive was given the lump sum payment on August 2, was also paid $166,666 for the months of August and September, and will be paid $135,714 for every month thereafter that he remains jobless, reported
the LA Times
The golden parachute does have a deadline, however: Pottruck will only receive the payments until January 1, 2007.
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