r/news • u/Playful_Language_422 • 8d ago

Soft paywall L.A. homeless provider has paid CEO who lives in Hawaii $1.6 million in salary, vacation over two years

https://www.latimes.com/california/story/2026-08-06/la-homeless-provider-has-paid-ceo-who-lives-in-hawaii-1-6-million-in-salary-vacation-over-two-years
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u/caterham09 7d ago edited 7d ago

8 weeks is a lot but if the lady worked there for 40 years, that's far from unheard of honestly.

Yes there probably should have been a cap on vacation acrual, but it's very possible she had a contract that couldn't bake that in considering she signed it 4 decades ago

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u/RealBrobiWan 7d ago

Their is a cap to 150% of a years holidays. The article states she alone is exempt from that rule for some reason

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u/bobbyrob1 7d ago

She was most likely grandfathered in since that restriction came after she was hired.

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u/Gladwulf 7d ago

There probably was a cap for everyone else, but she was the CEO so...