2006: Year That Was Stranger Than Fiction —Michelson
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Streeter will not serve a role in the new Donnelley/Banta structure. But don’t assume there won’t be any big-ticket presents under her Christmas tree this holiday season. According to an article in the Milwaukee Journal Sentinel newspaper, Streeter will walk away with three times her annual pay plus a bonus, totalling more than $6.6 million. And, to make sure it doesn’t all go to Uncle Sam, an additional $4.5 million payout will cover her increased tax liability. Her stock options and restricted shares of Banta stock are reportedly worth an additional $7.2 million.
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