Golden Parachute

(credit: AP)

Blue Cross Blue Shield Suspends Directors’ Pay In Mass.

The state’s largest insurer has suspended pay for its board members amid scrutiny by Massachusetts Attorney General Martha Coakley.

03/08/2011

Cleve Killingsworth reportedly received a large severance after he resigned last year.

Former Blue Cross CEO Gets $11M In Severance

An $11 million golden parachute was given to the former CEO of Blue Cross Blue Shield of Massachusetts after he left his post.

03/02/2011

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