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Best Buy CEO’s pay package falls 51%
New York City -- The CEO of Best Buy received a pay package worth about $5 million in the most recent fiscal year, half what he got the year before, according to a document the company filed Friday with the Securities and Exchange Commission, the Associated Press said.
Brian Dunn, 50, received a base salary of $1 million and a performance-based bonus of $746,667, down 75% from his performance based bonus the year before. Dunn received option awards valued at $3.2 million when they were granted, down 48%.
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Report: CVS to pay $858K over inflated Rx claims in Indiana
Indianapolis -- Indiana Attorney General Greg Zoeller says the state will get $858,000 from CVS Pharmacy to settle allegations that the company overcharged Medicaid programs, the Associated Press reported.
The amount represents Indiana's share of a $17.5 million settlement reached last week with 10 states and the federal government.