Ken Herz
Ken Herz
contract line market penny unusual
He's not getting a penny he's not owed, and there's been no sweetening of his contract. His contract was in line with market standards. There's nothing unusual about it.
line market receiving terms
There's nothing in what he's receiving that strays from the terms of his long-standing contract. It's in line with market standards.
buyer excellent fair paid terrific
We had an excellent buyer (Citizens), which has been terrific for Pittsburgh. And they paid a fair price.
deferred paid pay unrelated
The deferred compensation pay is completely unrelated to his departure. It would have been paid out to him anyway.