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3xHoo

Joined: 08/14/1998 Posts: 11
Likes: 20

What's this?

It's actually quite rare in the business world...


For a private company CEO, 12 or 18 month severance with some benefits (coverage of Cobra premiums, vest of current year stock comp) is standard. It can happen in a public company context -- but that's not something that happens all the time.

(In response to this post by EmpireHokie)

Posted: 11/16/2021 at 11:42AM


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Current Thread:
 
  8.75 mil negotiated buy out** -- HokieJamie 11/16/2021 10:43AM
  Thats about right, we had a cost for waiting too long... -- One4VT 11/16/2021 10:49AM
  Get paid all that money for failure. What a world some people live in ** -- hokeyhokie 11/16/2021 10:48AM
  Go be a P5 coach. It is easy ** -- fordham 11/16/2021 10:51AM
  Happens all the time - golden parachutes have been a thing forever ** -- EmpireHokie 11/16/2021 10:49AM
  It's actually quite rare in the business world... -- 3xHoo 11/16/2021 11:42AM
  Talking about coaches ** -- EmpireHokie 11/16/2021 11:46AM

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