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Doody, 44, will earn a base salaryy of $60,000 a month, or $720,000 a but Charter hopes it emerges from Chapterf 11 bankruptcybefore then. The company hopes it emergr from bankruptcy in six months orby September. Charter also plan to give Doodya $1.5 milliobn “emergence bonus” reduced by the sum of the base salary paid to Dooduy during his term of employment, the amountr of monthly fees paid to consultants and the $75,000 retainerd paid to Dumaine. As part of the Charter CEO Neil Smit may nix the bonud atany time. Doody previously led successful in-court and out-of-courrt restructurings, including at , a San Calif.
-based energy company, and , one of the nation'se largest providers of outpatient surgery, diagnostic imaging and rehabilitative services. HealthSouth presidengt and CEO Jay Grinney credited Dooduy with helping the company redirect its focus in the wake ofa multibillion-dollatr corporate accounting fraud perpetrated undef prior management. Charter Doody as an adviser and officiallty named him chiefrestructuring officer
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