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The retirement income gap no-one is talking about

People are living longer than ever before and this can impact how you plan for retirement

Ex-Carrefour Boss Gives Up $4.6 Million Bonus After Furor

Angeline Benoit
Ex-Carrefour Boss Gives Up $4.6 Million Bonus After Furor

The former boss of top French supermarket chain Carrefour SA walked away from a multi-million-euro payment after the country’s economy minister denounced his package as exorbitant. Former Chief Executive Officer Georges Plassat decided to waive his right to a non-compete fee valued at 4 million euros ($4.6 million) because of the “misunderstanding” surrounding the award, the company said in a statement Saturday. Such levels of pay are “shocking,” Economy Minister Bruno Le Maire’s office said in a texted statement on Saturday.

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