MCEG Founder to Get $766,000: Jonathan D....
From Times Staff and Wire Reports
MCEG Founder to Get $766,000: Jonathan D. Krane, who resigned last month as chairman and chief executive of Management Company Entertainment Group, will get a minimum of $766,000 in compensation in a termination agreement, the troubled movie production firm said. Krane will give up his preferred shares of MCEG and will receive $504,000 in severance pay and release from a $262,000 debt.
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