Echelon fuels up CEO's private jet

Network appliance manufacturer Echelon will now cover half the cost of CEO Ken Oshman's travel on his private jet after a vote by the company's board. Previously, the company only reimbursed up to the equivalent expense of first-class commercial airfare for Oshman and any employees travelling on company business. Based on Oshman's travel so far this year, the new perk will cost the company an extra $370,000 a year. [Mercury News]