With a declining real estate market, some corporations are taking extreme methods to help needed executives relocate for the benefit of the organization. Medtronic has announced that in the fiscal year that ended in April the compensated an executive who is expected to become the next CEO, $1.7 million in relocation benefits to move from California to corporate headquarters in Minnesota. They estimated that he would have taken a loss on sale which would have acconted for the majority of the funds.
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