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AT&T CEO’s retirement package

The current chief executive of AT&T, Edward E Whitacre, who has been with the company for 43 years and will be retiring on the 3rd of June will be taking home a whopping $158.5 million as retirement package, the second highest retirement package in the US.

The retirement package includes some interesting perks:

  • $24,000 in annual automobile benefits
  • $6,500 each year for “home security”
  • Access to AT&T’s corporate jet for 10 hours a month
  • $25,000 to cover his country-club fees
  • A little over $1 million for three years for work as a consultant.  

Sources: CNN Money, GigaOM

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