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Golden Parachutes

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According to information disclosed by Target, former CEO Gregg Steinhafel's "Involuntary Termination" package amounts to $15.9 million in severance pay and other benefits. Before his termination, Steinhafel raked in, "more than $12.9 million in compensation in Target's most recently completed fiscal year, down from $20.6 million the previous year." [TCB Mag]