Target CEO's Golden Handshake Pretty Much Matches The One For All 17,600 Canadian Employees

An interesting talking point has seized the interwebs today: The amount of money Target has set aside to pay its Canadian staff is slightly less than the money it paid out to one former employee: Its CEO.

Gregg Steinhafel took a total of $61 million U.S. from Target when he left the company last spring, according to Fortune's calculations. Meanwhile, the fund Target set up to pay employees as it winds down operations over the next four months is set at $56 million U.S. (That’s $70 million Canadian, at current exchange rates.)

Nigel Wright will be paid severance after resigning from PMO job

Nigel Wright, the Prime Minister’s former chief of staff, will be paid severance after resigning from his job – a benefit available to few Canadians and one the Conservative government is ending for public servants.

While the government criticized “voluntary severance” for public servants and began terminating the policy through collective bargaining in 2011, it has kept in place benefits that are twice as generous for political aides who work for the Prime Minister or cabinet ministers.

American Airlines CEO Tom Horton's Proposed Severance Pay Is Too Big: Trustee

The Justice Department is objecting to a proposed $20 million severance payment for American Airlines CEO Tom Horton, saying it's bigger than allowed by bankruptcy law.

Horton became CEO when American filed for Chapter 11 protection in November 2011. The proposed merger of US Airways Group Inc. and American calls for Horton to lose that job and become chairman of the combined company. American has proposed giving him severance pay of almost $20 million and lifetime flight benefits.

Robert Dutton, Former Rona CEO, Got $4.5 Million Severance Package

MONTREAL - Hardware and lumber retailer Rona Inc. says it paid former CEO Robert Dutton a severance package worth more than $4.5 million as part of nearly $6.9 million in total compensation last year.

In regulatory documents it filed ahead of its annual meeting in May, the Quebec-based company said Dutton's severance package included $1.8 million in cash representing two years of base salary and the vesting of more than 224,000 options granted since 2009.