Business NEWS
Emageon Inc. CEO Charles A. Jett, Jr. to get $1.2M!
By Amarendra Bhushan for CEOWORLD Magazine Updated:November 4, 2008
Emageon Inc.;provides physicians and healthcare professionals with relevant multi-specialty tools through a dynamic user interface will pay CEO Charles Jett $1.2 million in severance wages after the medical imaging firm’s sale to a Florida company is finalized.
Charles Jett will receive a lump some of $1,235,000, which is equal to his current monthly base salary, plus a portion of his target annual bonus for the year of termination.
Emageon Inc. said it will pay Jett all earned but unpaid base salary and $8,000 for his life insurance coverage and $23,000 for continuing family health and dental insurance for 24 months.
Charles A. Jett, Jr.
President and CEO
Charles A. Jett, Jr. has led Emageon since January 2000. From 1997 through 1999, Mr. Jett was Vice President and general manager of Walker Interactive Systems, Inc. (now Elevon, Inc.), a provider of enterprise financial and management software. He joined Walker Interactive upon its acquisition of Revere, Inc., a software company, where Mr. Jett’s position prior to the acquisition was Chairman, President and Chief Executive Officer. Mr. Jett joined Revere, Inc. in 1988 as Vice President of Sales; he was promoted to President in 1991 and assumed the Chairman and CEO positions in 1994. Prior to his tenure at Revere, Mr. Jett was national sales manager of Shoptrac Data Collection Systems, Inc. Mr. Jett is a director of several non-profit entities.
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