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Jill Ekikann Barad

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April 29, 2000 | ABIGAIL GOLDMAN, TIMES STAFF WRITER
Toy icon Barbie once complained that "math class is tough," but her former boss is proving adept with a calculator. Troubled toy maker Mattel Inc. disclosed Friday that it paid former Chief Executive Jill Barad a severance package exceeding $40 million. The payout, disclosed in the company's annual proxy statement filed Friday with the Securities and Exchange Commission, comes as the El Segundo-based firm is bleeding red ink and its stock price hovers near historical lows.
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BUSINESS
April 29, 2000 | ABIGAIL GOLDMAN, TIMES STAFF WRITER
Toy icon Barbie once complained that "math class is tough," but her former boss is proving adept with a calculator. Troubled toy maker Mattel Inc. disclosed Friday that it paid former Chief Executive Jill Barad a severance package exceeding $40 million. The payout, disclosed in the company's annual proxy statement filed Friday with the Securities and Exchange Commission, comes as the El Segundo-based firm is bleeding red ink and its stock price hovers near historical lows.
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