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2 mins read

Twitter bosses entitled to USD 122 million in 'golden parachute' payouts

Twitter's top executives, including Parag Agrawal and Vijaya Gadde will be entitled to "golden para…

ANI   


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GameStop's CFO Jim Bell due to exit the company with a package worth about $30 million

GameStop CFO Jim Bell will likely depart the company in March with an exit package that's worth abo…

Kevin Shalvey   


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3 mins read

Another SEAL parachuting death highlights the inherent danger of US special operators' go-to infiltration method

Free-fall parachuting "gets us where we want to be without presenting a large signature to an adver…

Stavros Atlamazoglou   


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Fired Twitter CFO, who's getting a $25.4 million golden parachute, says 'the past 6 months have pulled on every mental muscle I've developed in 48 years'

Twitter's former CFO Ned Segal said goodbye to the company in a Twitter thread on Friday morning af…

Grace Kay   


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Adam Neumann's golden parachute could balloon to over $2 billion if WeWork goes public

Neumann previously owned about 42.5 million profit interests with a catch-up price of $38.36 a shar…

Theron Mohamed,Isobel Asher H…   


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A former WeWork employee is suing over Adam Neumann's $1.7 billion golden parachute

Natalie Sojka's lawsuit accuses Neumann and other WeWork directors of benefiting themselves at the …

Theron Mohamed   


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A parachute demo for a Washington Nationals baseball game prompted a brief evacuation of the Capitol, a new report says

The plane carrying parachutists with the US Army's Golden Knights had been circling in restricted a…

Lauren Frias   


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Ousted Disney CEO Bob Chapek is getting a $20 million golden goodbye, on top of the $24 million he earned in 2022

Bob Chapek's ousting followed losses in Disney's streaming business and public criticism over his r…

Grace Dean   


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Adam Neumann's $1.7 billion golden parachute could be slashed as SoftBank looks to trim its WeWork rescue deal

SoftBank's tender offer was scheduled to begin more than two weeks ago on November 6, The Real Deal…

Theron Mohamed   


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New WeWork co-chiefs would reportedly each receive an $8.3-million golden parachute if they were fired or choose to leave

Documents reviewed by the Financial Times and sources familiar with the matter also said the compan…

Kat Tenbarge   


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'Rigged and corrupt' - Elizabeth Warren blasted Adam Neumann's $1.7 billion golden parachute after WeWork announced job cuts

Neumann is poised to net up to $970 million by selling WeWork stock to SoftBank during a tender off…

Theron Mohamed   


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1 min read

Adam Neumann is reportedly getting a $1.7 billion 'golden parachute' - here are 6 more ousted execs who received millions

Adam Neumann stepped down as chairman of WeWork on Tuesday as the Japanese investor SoftBank took o…

Rebecca Aydin   


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4 mins read

Tech and finance experts are shocked by SoftBank's 'stone cold crazy' $1.7 billion golden parachute for ousted WeWork CEO Adam Neumann

"Softbank needed to do this to optimize their chances of recouping their initial investment on top …

Aaron Holmes   


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1 min read

7 CEOs with the biggest golden parachutes in tech and media

But Mayer isn't even close to the top of golden parachutes in tech, according to a new report by Bl…

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2 mins read

Yusuf Khan   


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Marissa Mayer's golden parachute will be worth $54.9 million if she gets fired

Sources told Recode's Kara Swisher that Mayer "would likely go after the deal is officially struck …

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1 min read

Heinz CEO Could Score One Of The Most Lucrative Golden Parachutes In History

Heinz has performed well under Johnson, but giant exit packages have been known to backfire. Recent…

Max Nisen   


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Novartis Had Spectacularly Bad Timing With This $78 Million 'Golden Handcuff' Payment

The timing of the announcement was particularly awkward. The topic of excessive executive pay was a…

Max Nisen   


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Ousted BlackBerry CEO Had $56 Million Golden Parachute - But It May Not Have Deployed

The plain English interpretation of the proxy seems to indicate that Heins has missed out on both b…

Jim Edwards