La Repubblica has gone crawling over Stephane Lissner’s contract and come up with a line that boosts his take-home to a million Euros a year.
It’s a nice round figure but it doesn’t quite ring true.
His basic salary, bottom line, is 449,000 Euros, on which – with several other managers – he has just taken a 10 percent cut.
In addition, the company pays 80,000 to cover his social security. It also pays for his apartment, limo and driver, business-class flights. When his contract ends in 2017, he’s entitled to a golden farewell payment of 300,000 Euros.
A pretty good package, all told, but not quite millionaires row.
Read the article here (in Italian).