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BUSINESSSC Daily Gazette·6h ago

Facing a lawsuit, SC Ports ratifies former CEO’s severance deal a year later

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The South Carolina State Ports Authority retroactively approved a nearly $1 million severance package for its former CEO. The vote occurs a year after the payout and amid a lawsuit. The authority denies violating state laws regarding the original agreement.

The South Carolina State Ports Authority retroactively voted on the nearly $1 million payout to its former CEO but denied it did anything to violate state laws.

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