McCormick & Schmick’s executives take home big payouts


Former McCormick & Schmick’s Seafood Restaurants executives received more than $6 million in payouts from the company’s takeover.

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Former McCormick & Schmick’s Seafood Restaurants executives received more than $6 million in payouts from the company’s takeover.

The total includes million-dollar-plus paydays for former McCormick & Schmick’s chief executive William Freeman, chief financial officer Michelle Lantow and company co-founder Douglas Schmick. 

The McCormick & Schmick’s sale was finalized this week. Within a day, all of the company’s directors resigned and were replaced by Landry’s chief executive Tilman Fertitta and two others.

Read more at OregonLive.com.

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