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Topic - William Johnson

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  • LETTER TO THE EDITOR: Legal, but not ethical

    Today's reigning king of corporate greed is Heinz CEO William Johnson, who stands to reap a staggering $212.7 million payout if he leaves the company when it is taken private by multibillionaire Warren Buffett ("Heinz deal under FBI, SEC fire for insider trading suspicions," Web, Feb. 20). I have always supported the capitalist, free-enterprise system, which enables individuals to parlay their skills into great deals of wealth. The Johnson package, however, like so many others in this era of unrestrained money-grabbing, goes beyond reason. It is legal, but not ethical or honorable.

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