Caterpillar CFO to receive $1.3M in severance

Posted May 28, 2010 at 4:56 p.m.

From Crain’s Chicago Business | Peoria-based Caterpillar Inc. will pay $1.3 million in severance to its outgoing chief financial officer, David Burritt. The company announced the news in a regulatory filing after the markets closed Friday.

Get the full story: chicagobusiness.com.

 

One comment:

  1. Ken Bill May 31, 2010 at 10:25 pm

    WHEW AND DOUBLE WHEW — took another handful of Cymbalta and again I feel even better now that David has his severance pay.
    No more Aldi’s or Dollar Store for Dave either.
    Maybe he can buy four or five yachts.
    This economy just keeps getting better and better.
    I wonder why my comments never get posted? — uh – too much irony?