-3-
Two months after petitioner began working for CTI, CTI
promoted her to its office of vice president of human resources.
In 1995, CTI promoted her further to its office of executive vice
president of human resource development. In 1999, CTI expanded
petitioner’s responsibilities as executive vice president to head
CTI’s corporate communications department in addition to its
human resource department. Petitioner reported directly to CTI’s
chief executive officer (CEO), Dr. James Bianco (Dr. Bianco), and
she served on CTI’s strategic management team. The strategic
management team was the top level of CTI, and it consisted of the
CEO and all of the executive vice presidents of CTI’s major
functional areas.
CTI was a private corporation when petitioner first began
working for it, and it later became a public corporation while
she was affiliated with it. During each year that petitioner was
affiliated with CTI, CTI employed between 100 and 500
individuals.
1. Stock Option Grants
As part of her compensation package, CTI gave petitioner
options to purchase CTI common stock. Each option allowed
petitioner to purchase a specified number of shares of CTI common
stock at a specified price.
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Last modified: November 10, 2007