Heinz payout, moraly wrong?

I have just read the news report that despite losing millions, closing factories and laying off thousands of workers the former CEO of Heinz is to get a payoff of $110 for his last 8 months work.

Whilst this may not be illegal I feel it is immoral.

Opinions Please.

BBC News - Former Heinz boss in $110m payday as layoffs continue

Put the internet to work for you.

via Personal Recipe 2629979