Trudy F. Sullivan has landed a big pay package with Talbots Inc., where she becomes president and chief executive officer on Aug. 6, succeeding Arnold Zetcher.
The 57-year-old Sullivan, formerly president of Liz Claiborne, signed a four-and-a-half-year employment contract with Talbots. According to a Securities and Exchange Commission 8-K document filed last week by the Hingham, Mass.-based Talbots, Sullivan will receive:
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