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Golden Handshake Definition Example | InvestingAnswers A golden handshake is usually offered to a director, senior executive or consultant who is let go before his or her contract has expired This situation is most common after the event of a merger, takeover or buyout For example, let's assume that John is the CFO of Company XYZ The board of directors has decided to sell the company to Company ABC
Interim CEO Definition Example | InvestingAnswers How Does an Interim CEO Work? A CEO oversees the entire operation of a company or organization In some organizations, the CEO is called the president, the executive director, or even the chief administrative officer (Many times, an organization will have a CEO and people with these titles, too ) A board of directors will appoint an interim CEO if its current CEO dies, quits suddenly, or is
OCC -- Office of the Comptroller of the Currency -- Definition The comptroller serves a five-year term and is also a director of the Federal Deposit Insurance Corporation (FDIC) and the Neighborhood Reinvestment Corporation The comptroller works with an executive committee composed of the heads of the OCC's major business units The executive committee advises the comptroller on policy and other issues