10 CEOs with Multi Million Retirement Packages

6. John Kanas
Company: North Fork Bank, now with BankUnited Inc
Package: $214 million
Tenure: 1977-2006
Global rank: 6

John Kanas served as the CEO of North Fork Bank from the year 1977-2006. John Kanas is regarded as New York’s most successful community banker over the past 30 years. While stepping down as the CEO he took both severance package and a retirement package which in total fetched him $214 million.

7. Fred Hassan
Company: Merck & Co, actually Schering-Plough
Package: $189 million
Tenure: 2003-2009
Global rank: 7

Fred Hassan served as the CEO of Merck & Co, actually Schering-Plough from the year 2003 till 2009. While stepping down he took the retirement package of $189 million, which made him the seventh CEO with highest paid retirement package. Hassan have been associated with many hot shot companies such as Pharmacia & Upjohn Corporation, American Home Products Corp. (now Wyeth) and many more.

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