ConAgra Paying Ralcorp CEO $1 Million For Consulting

Ralcorp CEO Kevin Hunt will earn $1 million in consulting fees from ConAgra if he stays on for a year after the companies merge, according to a regulatory filing Wednesday. Under the agreement, Hunt received a notice of “involuntary termination” effective when the merger closes, meaning he is entitled to a previously-disclosed golden parachute worth around $36 million, the filing stated.

Read more in the St. Louis Business Journal

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