Bank CEO Departs Without Parachute

(Crain’s) — It may seem that way, but not every former bank CEO is getting a big bonus or severance. James Giancola, who was replaced in late January as CEO of Melrose Park-based Midwest Banc Holdings Inc., is due a severance of $481,200 under his employment contract, according to a ...

Copyright CRAIN - Crain's
Contact Us