Bloomberg Law
July 19, 2016, 10:16 PM UTC

Changing Companies, Top GCs Score Big Pay Days

Blake Edwards

Before publishing a list last week of 30 of America’s highest-paid GCs, a couple of companies let us know their particular figures were inflated because the GC was in transition.

Former Hertz GC Thomas Sabatino, for example, ranked fourth on our list with an $11.6 million pay package in 2015, despite Hertz being ranked number 269 on the latest Fortune 500 list.

A Hertz representative told us the number was an outlier, and “reflected aspects of [Sabatino’s] employment agreement specifically related to his departure.” Sabatino is now at Aetna.

Similarly, Raytheon GC Frank Jimenez received $5.4 million in total compensation, a figure a ...

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