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It was an exit package.
He was awarded an exit package worth $161 million.
At Pfizer, for example, Henry A. McKinnell Jr. collected a $200 million exit package last year.
(One analyst has called for a clawback of that exit package).
If the other executive had not exercised stock options, his exit package would be $29.9 million.
He could be entitled to an exit package of roughly $72 million.
She'd taken an exit package from the lab, learned to garden, started reading novels again.
It's a small deal," said Mr. Foley, who calculated the amount of Ms. Patterson's exit package.
But his $159 million exit package may not look all that egregious when compared with those of other executives.
His exit package is still being negotiated; Mr. Greenberg did not have an employment contract with the company.
He has an exit package worth roughly $18 million including stock and options if Dime is sold.
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