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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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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

'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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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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2 mins read

Marissa Mayer will make over $44 million if Verizon fires her

Whether Mayer is on her way out is unclear. Recode previously reported that Mayer "would likely go …

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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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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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Someone dressed up as the Monopoly man is trolling the ex-Equifax CEO's hearing in Congress

He's a dead ringer, of course, for the mascot from the board game Monopoly - a game that, if your e…

Alex Morrell   


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Yusuf Khan   


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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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5 mins read

George HW Bush would have been 95 today. He used to celebrate every fifth birthday by going skydiving.

Though the president again planned to jump alone, windy and cloudy conditions meant a tandem jump w…

Tom Porter,Tom Porter   


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The Murdochs are guaranteed over $206 million once the Disney-Fox deal is finalized

Fox CEO James Murdoch will receive the largest compensation of $70.6 million. His brother Lachlan, …

Travis Clark   


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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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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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2 mins read

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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Former Oath and AOL CEO Tim Armstrong is getting a $60 million payout

In November, Verizon CEO Hans Vestberg reorganized the business that was split between wireless and…

Abby Jackson   


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Another Top Executive Is Out At Troubled, Newly Public Company Violin Memory

These companies play in a hot new area called enterprise flash storage systems, (also called solid …

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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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2 mins read

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