Dell executive behind Limerick cuts to get $10m

The Dell executive who decided the future of the firm’s Limerick operation, where 1,900 people are losing their jobs, will receive a $10 million payout for his work.

10th January, 2009

The Dell executive who decided the future of the firm’s Limerick operation, where 1,900 people are losing their jobs, will receive a $10 million payout for his work. Mike Cannon, Dell president of global operations, oversaw the decision to stop making computers in Limerick in conjunction with company founder and chief executive Michael Dell. Cannon is leaving Dell on January 31 with a ‘‘cash severance payment’’ of $10 million, payable in three instalments – $5...

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