Former Solyndra CEO makes off with $456K severance

C.J. Ciaramella Contributor
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While taxpayers were left playing fiddle on the Solyndra Titanic, the bankrupt solar company’s CEO made off with a severance package worth nearly a half-million dollars.

Bloomberg Businessweek reports that court documents show the founder and former CEO of the scandal-ridden solar company negotiated a severance package worth $456,000. (RELATED: Inspector General launches criminal probe into more than 100 Energy Dept. loan)

Documents filed by Solyndra in bankruptcy court also reveal that executive Chris Gronet was fired July 1, almost two months before the company announced his departure.

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