Business news in brief (The Philadelphia Inquirer)
Business news in brief (The Philadelphia Inquirer)
The Pep Boys - Manny, Moe and Jack Inc. said in a regulatory filing yesterday that it would pay resigning chief executive officer Lawrence Stevenson a total of nearly $2.7 million in severance. Stevenson joined Pep Boys in 2003 but quit Tuesday under pressure from shareholders angry at the Philadelphia-based auto parts retailer’s sagging business results. The package, which includes a noncompete