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Monday, March 20, 2006

Former top U.S. general gets $200,000-a-year board gig

Posted by Steve Hedges at 5:34 pm CST
 
Recently retired Gen. Richard Myers, the former chairman of the Joint Chiefs of Staff who led the Pentagon into war with Iraq, hasn't stayed out of work long.
 
Northrop Grumman, one of the nation's largest and best-known defense firms, announced Wednesday that Myers, an Air Force veteran and former fighter pilot, has joined its board of directors.
 
As one of 11 "non-employee" directors, Myers will earn $200,000 a year, according to a company spokesman. Half of that sum is paid to the company's 12 directors in stock.
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