02/27/2012 05:47 pm ET Updated Apr 28, 2012

New York Times' Former Chief Janet Robinson Could Make $25,000 Per Hour In Consulting Payments

When the New York Times' (NYT) and its president and former chief executive, Janet L. Robinson, announced a few months ago that Robinson would step down at the end of the year - even though no successor had been identified - the news caught many off guard. The Times disclosed in an 8-K filed December 15, 2011 that it planned to pay Robinson $4.5 million for a one-year consulting gig; however, several interesting details about that consulting agreement weren't available until the company filed its 10-K late last week.