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USA Update Is Time Warner Cable CEO's $80 million 'golden parachute' too much?

Time Warner Cable's CEO, on the job since Jan. 1, could get $80 million for work on the Comcast merger. But Dodd-Frank law gives shareholders a (nonbinding) vote on whether it's excessive.

By Staff writer / March 21, 2014

Mark Lennihan/AP Photo/File

As of Friday, Robert Marcus has been the chief executive of Time Warner Cable for 80 calendar days. If Comcast’s acquisition of the media giant goes through, Mr. Marcus stands to gain a $79.9 million dollar “golden parachute.”