Crystal Cathedral Bankruptcy

    Southard Creditors Objection

    Crys­tal Cathed­ral’s cred­it­ors ob­jec­ted to the pro­posed com­pens­a­tion pack­age for Chief Fin­an­cial Of­ficer Fred Southard, which in­cludes a $140,000 tax-ex­empt hous­ing al­low­ance. The cred­it­ors called Southard a “fig­ure­head.”

    — Abby Sewell and Nicole Santa Cruz
    Published: Nov. 23, 2010
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