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DaVita's Kogod gets sweet deal on exit

Oct. 20, 2016 7:02 AM ETDaVita Inc. (DVA) StockDVABy: Douglas W. House, SA News Editor1 Comment
  • In a regulatory filing, DaVita (NYSE:DVA) discloses the financial details of its separation agreement with HealthCare Partners President Dennis Kogod, whose employment will be terminated on November 30.
  • In exchanged for signing a release of the company and certain affiliates from claims, Mr. Kogod will receive a payment of $1.5M. In addition, the parties inked a three-year consulting agreement that will pay him $100K per month in addition to a lump sum payment of $1.8M in January 2017 and $100K at the conclusion of the agreement in 2019.

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