The End Of Golden Parachutes?

Schmidt, David M.; Reda, James F.
May 2013
Corporate Board;May/Jun2013, Vol. 34 Issue 200, p19
Trade Publication
Investors and the business media maybe vexed about rich executive pay plans, but "golden parachute" severance packages stir particular outrage. Too often, it seems, this departure pay rewards failure, is based on inflated numbers, and loses "say on parachute" investor votes. How can your board design severance plans that can stand up to public scrutiny?


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