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New Allegis Corp. Chairman Stephen M. Wolf...

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New Allegis Corp. Chairman Stephen M. Wolf has a contract paying $575,000 a year and a bonus worth more than $6.5 million to replace stock options he formerly held at Tiger International Inc., documents show. According to documents filed with the Securities and Exchange Commission, the bonus is part of the Allegis stock plan offered to Wolf when he was hired in December from Tiger, where he had served as chairman and chief executive officer. Chicago-based Allegis, which is the parent company of United Airlines, plans to change its name next month back to UAL Inc. after recently shedding its hotel and rental car businesses.

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