Massey rewards Blankenship with $12M severance package

Dec 08, 2010 | 10:03 AM | Lisa Gordon

Don Blankenship, the outgoing chairman and chief executive officer of Massey Energy Co., is to receive a $12-million severance package as part of his retirement later this month, according to a regulatory filing.

In addition to the $12 million in cash, to be paid in two installments, Blankenship is to receive two years of health insurance, according to the filing.....

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