E*Trade CEO, criticized for $80M pay package in 2001, resigns
Cotsakos who started his CEO stint in 1996 after serving as an executive at FedEx Corp. and ACNielsen etc. has resigned without any reason being given according to this Wall Street Journal story (subscription required).
In early 2002, Mr. Cotsakos came under fire from investors for his 2001 compensation package, which had been originally valued at about $80 million. Mr. Cotsakos then agreed to return a portion to the company and its employees. In May, E*Trade rolled back Mr. Cotsakos's pay package to about $60 million....