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admin 14.12.2015

Men's Wearhouse founder George Zimmer got only $10,000 a year to be the face and voice of his former company's ads. But now that he's been fired, he's going to get $1 million for ads over the next four years. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes.
Paul Kranhold, a spokesman for Zimmer, said he has not been told of the company's marketing plans, but acknowledged the agreement that could let him continue to appear in the ads.


Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. He got total compensation of just under $2 million in each of the past three fiscal years in his role as executive chairman, nearly as much as the $2.1 million received in the most recent year by CEO Douglas Ewert.
Zimmer fired back that management was "more concerned with protecting their entrenched views and positions" than with the company's best interests. The filing says that's the amount due if he is terminated by the company for any reason other than cause.





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