Harvard Business Review

OCTOBER 3, 2016

Last year, Jeff Smisek, the former CEO of United Airlines, received a separation payment of $4.875 million in cash along with additional equity awards and other benefits for a total of close to $37 million after being ousted from his company. This was quickly followed by the era of hostile takeovers in the 1980s.

Golden Parachute 9

Golden Parachute Hostile Takeover Airlines Execution 9

Harvard Business Review

DECEMBER 1, 2011

This blog post is part of the HBR Online Forum The CEO's Role in Fixing the System. A low stock price can make the firm vulnerable to a hostile takeover, for example. It apparently takes a courageous and confident board member to second-guess the market!

Short-term 14

Short-term Hostile Takeover Long-term Management 14

Harvard Business Review

JANUARY 21, 2014

But Motorola’s markets were transforming in the mid-2000s, and chief executive Greg Brown and his board decided in March 2008 that the company should be split in two: Motorola Mobility would take its mobile phones and related devices, and Motorola Solutions its mission-critical data and communication products.

Hostile Takeover 8

Hostile Takeover Chief Financial Officer Due Diligence Charan 8