Bonuses Arranged for Pets.com Execs

Pets.com Inc., less than a month before announcing it would close, changed terms of severance agreements so 10 executives could get cash bonuses of $75,000 to $225,000 each for staying on to wind down the online pet-supply retailer’s business. The San Francisco company announced Nov. 7 that it would cease operations after failing to find a buyer or other financing.