A Short History of Golden Parachutes
Harvard Business Review
OCTOBER 3, 2016
And Wells Fargo CEO John Stumpf, already under fire for a fraudulent bank account scheme , has faced tough questions about his salary and the multimillion-dollar retirement package of Carrie Tolstedt, a key executive tied to the scandal. This was quickly followed by the era of hostile takeovers in the 1980s.
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