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Former Pan-Am chair gets a $500k+ severance package
Organizing committee says cost will be absorbed by budget
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If you're fired as the CEO of the Pan Am Games, you'll get a severance package worth $534,800.

That's what Ian Troop will be receiving according to the Pan Am 2015 Organizing Committee.

The settlement includes a cash payment of $478,200, deferred retirement benefits including an RRSP of $27,300 and health benefits through the severance period of $15,800.

Troop was fired in December. The move came after the former CEO came under fire for his expenses.

He made $390,000 a year.

In a statement, Pan Am chair David Peterson said the costs would be absorbed by the Game's overall budget.

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2 0


If you're fired as the CEO of the Pan Am Games, you'll get a severance package worth $534,800.

That's what Ian Troop will be receiving according to the Pan Am 2015 Organizing Committee.

The settlement includes a cash payment of $478,200, deferred retirement benefits including an RRSP of $27,300 and health benefits through the severance period of $15,800.

Troop was fired in December. The move came after the former CEO came under fire for his expenses.

He made $390,000 a year.

In a statement, Pan Am chair David Peterson said the costs would be absorbed by the Game's overall budget.

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