Sentence examples for exit package for from inspiring English sources
One of those is Reuters, which in late December reported on the lucrative exit package for Janet L. Robinson, the Times Company's departing chief executive.
This included a €1.5 million exit package for Robert Pitt, the former chief executive, who made a protected disclosure against the company the previous year.
It's a fairly hefty exit package for Mr. Johnson, who led the negotiations that led to Heinz's $23 billion sale to Mr. Buffett's Berkshire Hathaway and 3G Capital, the Brazilian firm that owns a majority stake in Burger King.
Board meeting minutes cited in the lawsuit also confirm the NYT's previous reporting of a $90 million exit package for Andy Rubin, who once led its Android division, after he was accused of sexual misconduct.
Details of the exit packages for Mr. Mudd and Mr. Syron are being worked out.
Extreme exit packages for chief executives became more common during the hostile-takeover era of the 1980s, when the so-called golden parachute proliferated.
"What people are doing more than in the past is laying themselves off if they get what amounts to a big enough package," said Deborah Hart, a principal at Towers Perrin, a consulting firm that designs exit packages for corporate clients.
The New York Post reported that NBC parent General Electric has agreed to an exit package of $30 million to $40 million for Zucker, to be paid upon his leaving the company a couple of months after Comcast 's deal to acquire 51% of NBC Universal closes.
She'd taken an exit package from the lab, learned to garden, started reading novels again.
He's also walking away with an estimated $23 million exit package, and offers for the next hot thing are coming in.
An exit package and transition plan for the Victorian timber industry to operate solely on plantations from 2029 was costed last year at around $500m, but the proposed phase-out was quietly shelved after forces opposing it leaked the plan to the media.
