Computer and Tech

The Latest: New Equifax CEO could get $3 million payday



WASHINGTON (AP) — The Newest on the testimony of the previous Equifax chairman and CEO as he testifies earlier than Congress on the huge knowledge breach affecting an estimated 145 million Individuals (all instances native):
2:30 p.m.
Whereas Equifax’s previous CEO testifies in entrance of Congress, the corporate laid out a profitable new wage bundle for its new CEO, Paulino Barros, Jr.
Whereas Barros’ base wage of $470,000 just isn’t altering, he’ll now obtain an additional $25,000 a month in pay for taking the interim CEO job for not less than six months.
He can even get a $500,000 money bonus if he meets sure undisclosed standards by the corporate’s board of administrators. Barros can even obtain a one-time grant of $1.



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