Vivendi settlement.
Meanwhile, Vivendi - Vivendi is also the name of a group of related French companies; see the disambiguation page.
VIVENDI® is a software package for care management and staff organisation published by the German software company CONNEXT and introduced in 1995. Universal settled a dispute involving its former
chief executive, Jean-Marie Messier Jean-Marie Messier (born December 13, 1956) is a French businessman who was Chairman and Chief Executive of the multinational media conglomerate Vivendi SA (formerly Vivendi Universal) until 2002. . The French media company agreed to
pay a $50 million fine and Messier Messier is the name of : - Charles Messier, French astronomer, and of his Messier objects catalogue.
- Eric Messier, NHL ice hockey player
- Marc Messier, Canadian actor
- Mark Messier, NHL forward
- Jean-Marie Messier, former CEO of Vivendi Universal
agreed to relinquish a $25 million
severance package A severance package is pay and benefits an employee receives when they leave employment at a company. In addition to the employee's remaining regular pay, it may include some of the following: - An additional payment based on months of service
. Under the settlement with the Securities and Exchange
Commission, Messier will also pay a $1 million fine. The company had
been accused of misleading investors about its financial problems. The
SEC said the fines and returned money would be disbursed to Vivendi
shareholders.
COPYRIGHT 2004 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
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