Fairchild Shareholders Have No Love for Steiner's French Affair [ Corrected 1/2/01 ]

From: The Washington Post | Date: November 26, 2001| Author: Jerry Knight | Copyright information

In the Washington media, Fairchild Corp. Chairman Jeffrey Steiner is known as the Man Who Makes Too Much.

Though Fairchild stock has ratcheted down from $22.75 a share to $3.30 in the past four years, Steiner keeps showing up atop lists of the region's highest-paid executives, much to the chagrin of the company's other shareholders.

Investors went to court to block Steiner's big bonuses a decade ago, and earlier this month, Mario Gabelli, Fairchild's largest outside investor, pre...

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