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MNG execs to get big salaries despite bankruptcy

Jody Lodovic and Dean Singleton

While most creditors have accepted 19 cents on the dollar, documents MediaNews Group has filed in bankruptcy court show the company’s chief executive, Dean Singleton (right), could get as much as $1.49 million in annual compensation while his heir apparent, Jody Lodovic (left), could get up to $2.25 million.

Lodovic will receive:

Read about it here. Turn to PDF pages 69 and 70 (which are numbered 54 and 55 on the document itself).

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