Actually he stands to make much more than a million from it. He currently owns 249,000+ shares of CSC stock. At 10.50/share that's a $2.6M windfall. Of course, that number will change between now and then based on what he sells and what other free stock options he exercises.
The same applies to the other members of the BOD/Executive Committee. Interesting that the approval to split the company and give the special dividend only needed BOD approval - not shareholder approval.
Let's see - We can approve ourselsve for an instant mutli-million dollar windfall - or not. Which option should we pick? Hmmmmm - that's a toughie.