Time and again, we see CEOs and similar executives make horrible decisions that massively damage a company both financially and in terms of reputation and the perpetrator is forced to resign, yet receives so much money as a going away present you’d think they’re being rewarded for their fuck up. Why??

  • JackLSauce@lemmy.world
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    1 year ago

    They’re a way to disincentivize hostile take overs. Similar to non voting shares and “poison pill” clauses