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At Deadline.(President of McDonald's North America, Ralph Alvarez makes $1.2 million out of sale of shares acquired through stock options.)(Boeing seeks FAA approval for a new freighter the BC-17.)(Naperville headquarters of OfficeMax sold.)
Crain's Chicago Business, July, 2006
Stock sale earns McD's exec $727,000 Ralph Alvarez, president of McDonald's North America, sold 36,000 shares on July 26 at prices ranging from $34.43 to $34.57, for a total of more than $1.2 million. The shares were acquired through stock options priced at $14.31 per share. Mr. Alvarez netted $726,700 on the sales, which left him with 39,128 McDonald's shares.
A spokeswoman says the options are "part of his compensation.'' Julie Jargon Boeing asks FAA to OK new freighter Boeing is seeking FAA approval for a new freighter called the BC-17, a commercial version of its endangered military cargo plane, the C-17 Globemaster III. However, a spokesman says the idea won't fly unless the Air Force decides to keep the C-17 production line open beyond 2008....
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