The Swamp - Chicago Tribune - Blogs.: "Former top U.S. general gets $200,000-a-year board gig
Posted by Steve Hedges at 5:34 pm CST
Recently retired Gen. Richard Myers, the former chairman of the Joint Chiefs of Staff who led the Pentagon into war with Iraq, hasn't stayed out of work long. Better_myers
Northrop Grumman, one of the nation's largest and best-known defense firms, announced Wednesday that Myers, an Air Force veteran and former fighter pilot, has joined its board of directors.
As one of 11 'non-employee' directors, Myers will earn $200,000 a year, according to a company spokesman. Half of that sum is paid to the company's 12 directors in stock.
The company will hold eight scheduled board meetings this year, two of which are conducted by phone. The Pentagon's former top general will also serve on the Northrop Grumman board's Compliance, Public Issues and Policy committee, a job that will undoubtedly make good use of his Washington experience."
Wonder how much that works out to per hour? Read the whole post here if you can stand it.
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