Teamsters Challenge Executive Pay-For-Failure At Rite Aid Following Albertsons Debacle
In a letter to shareholders , the Teamsters took the pharmacy chain to task for paying lucrative retention bonuses to top executives tied to the failed mergers.
- In a letter to shareholders , the Teamsters took the pharmacy chain to task for paying lucrative retention bonuses to top executives tied to the failed mergers.
- With Rite Aid clearly on the back foot following the failure of the Albertsons' deal, the Teamsters contend it is vital that the board reassure investors that executives and shareholders share the same fate when it comes to strategic decisions.
- Founded in 1903, the International Brotherhood of Teamsters represents 1.4 million hardworking men and women throughout the United States, Canada and Puerto Rico.
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