Cerner boosts severance pay for top execs

Cerner Corp. made a series of updates in top executives' contracts, bolstering the salary and equity payout for President Zane Burke, CFO Marc Naughton, COO Mike Nill and Chief of Staff Jeffrey Townsend. The company still is identifying a new CEO, with Cerner co-founder Cliff Illig serving as interim chief executive. According to a Monday filing with the Securities and Exchange Commission, Cerner (Nasdaq: CERN) made the changes “to promote retention of these (executives) to ensure continuity…
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