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Ron Johnson Was Guaranteed A $150 Million Payout If He Was Fired Or Left On His Own After a tumultuous run as CEO, Ron Johnson is officially out at JCPenney. And it looks like he got a huge chunk of change if he was fired or voluntarily resigned. According to the company's most recent SEC filings earlier this month, Johnson was guaranteed the same amount -- almost $150 million -- if he resigned or was terminated (with or without cause.) Click the SEC filing to enlarge. This package looked different in March 2012, when Johnson would have walked out with $250 million under the co...
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