back to article Outgoing Seagate CEO: Bill's big bill

Seagate terminated ex-CEO Bill Watkin's employment on 4 February and will pay him $5m according to SEC filings. Watkins resigned as a director on that date. A separation agreement is now in force between him and Seagate and, as a consideration for agreeing to it, the bill for Bill is cash payments totalling $5,000,008. This …

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  1. Robert Ramsay

    wouldn't it be cheaper...

    ...to hire a hitman?

  2. ChrisInBelgium
    Thumb Down

    Sign of the times

    Company fat cats are our civilization's undoing. Mark my words.

  3. Anonymous Coward
    Stop

    Unbelievable ...

    While an average worker would be lucky to get 8 - 16 weeks severance, this guy gets paid all that.

    I wish I could find someone to pay me to fail. It'd take half what he got <- See? Economical and realistic.

  4. Pete Dixon

    I'll never forget when..

    Watkins said on record that his company builds bigger hard drives largely so that people could store more porn. Classic :)

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