By: Dan Monk | bizjournals.com
The man who once ran E.W. Scripps Co.’s newspaper division got more than $4.4 million in cash and stock awards after leaving the company last May. Details on severance payments to Mark Contreras were disclosed in the Scripps (NYSE: SSP) proxy statement to shareholders March 26.
Contreras was a senior vice president for six years until his “involuntary termination without cause” on May 25, 2011. The company wouldn’t say why Contreras was terminated.