03 October 2013

COMPUWARE TERMINATES PETER KARMANOS JR.'S CONSULTING CONTRACT

Story First Appeared in  Crain's Detroit Business.

Detroit-based Compuware Corp. has terminated a six-year, $600,000-a-year consulting contract for Peter Karmanos Jr., the company's co-founder and former chairman and CEO, according to a report filed Friday with the U.S. Securities and Exchange Commission. The termination is effective Tuesday, according to the report, filed by Joseph Angileri, treasurer and CFO of Compuware (Nasdaq: CPWR).

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