Next Score View the next score

    Opinion | Brian McGrory

    I’ll take Tom, and hold the Mayo

    Times like this, it’s best to be direct: I owe NStar chief executive officer Tom May a sincere apology.

    I owe an apology because I spent a barrel of ink last fall highlighting his $7.9 million annual compensation package. I reported that he’ll get millions in stock if and when a proposed merger with Northeast Utilities goes through and that he is entitled to another $10.2 million in severance, which probably won’t be necessary because he has guaranteed himself the chief executive’s job of a combined company.

    Your comment is subject to the rules of our Posting Policy

    This comment may appear on your public profile. Public Profile FAQ