Friday, January 06, 2012
Former McCormick & Schmick's Seafood Restaurants executives received more than $6 million in payouts from the company's takeover.
The total includes million-dollar-plus paydays for former McCormick & Schmick's chief executive William Freeman, chief financial officer Michelle Lantow and company co-founder Douglas Schmick.
The McCormick & Schmick's sale was finalized this week. Within a day, all of the company's directors resigned and were replaced by Landry's chief executive Tilman Fertitta and two others.
Read more at OregonLive.com.