Talbots CEO's Sweet Severance Package On Her Way Out The Failing Red Doors

Talbots CEO’s Sweet Severance Package On Her Way Out The Failing Red Doors. The once-mighty clothing line is clearly on its way out, facing a new — and all things considered, pretty generous — takeover bid by a New York investor group. But this won’t stop Trudy Sullivan, the CEO once meant to save the dying brand, from walking away with a $5 million cash payment. [Boston Business Journal]