New Time Inc. CEO Griffin Got $1.4M from Meredith When He Left
Wouldn’t you like a severance package that former Meredith President Jack Griffin got when he decided to leave the organization to take the helm of Time Inc? While you would assume since Griffin left voluntarily he received nothing, that’s not what happened. Meredith handed him $1.4 million. Not a bad going-away gift.
Footnoted blog picked up the scoop:
On August 30, an Exhibit (“Separation Agreement and Release”) attached to Meredith’s 10-K disclosed that Griffin got about $1.4
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