In the CEO Afterlife

NOVEMBER 13, 2017

The golden parachute was nice, but the passion and the purpose was suddenly gone.”. After 10 years at Nabob Foods Ltd., in 1987 he became CEO, a job he held until Jacobs Suchard, the company’s Swiss parent, sold Nabob to Kraft in 1994 — for “much more than” $100 million, according to Mr. Bell. They took care of me,” he recalls. “A

CEO 100

CEO Golden Parachute Books Consultative 100

In the CEO Afterlife

NOVEMBER 13, 2017

The golden parachute was nice, but the passion and the purpose was suddenly gone.”. After 10 years at Nabob Foods Ltd., in 1987 he became CEO, a job he held until Jacobs Suchard, the company’s Swiss parent, sold Nabob to Kraft in 1994 — for “much more than” $100 million, according to Mr. Bell. They took care of me,” he recalls. “A

CEO 100

CEO Golden Parachute Books Consultative 100

In the CEO Afterlife

AUGUST 7, 2011

He was 62, a golden parachute strapped to his back, but no hobbies or interests beyond business. Some find happiness pursuing interests that evaded them during the demanding years in the executive suite. At one time I worked for a hard-driving chap who was prematurely pushed out of the corporate cockpit.

CEO 100

CEO Golden Parachute Welch Human Resources 100

HR Digest

FEBRUARY 20, 2020

Golden parachutes: This is an agreement between the companies and the key professionals. Rabbi trusts: This is a non-qualified deferred compensation arrangement where the pension amounts are transferred directly to an irrevocable trust that is managed for the benefit of executive employees.

Golden Handcuff 87

Golden Handcuff Golden Parachute Planning Participative 87

Harvard Business Review

APRIL 28, 2011

Such surveillance gives board compensation committees the backbone to create reasonable plans that provide valid incentives, while eliminating egregious lump sum payments like golden parachutes and handshakes.

Golden Parachute 13

Golden Parachute Incentives Short-term Long-term 13

Harvard Business Review

JUNE 15, 2017

Although the fall of Yahoo was probably inevitable, our fascination with celebrity leaders has resulted in an extraordinary amount of interest in Marissa Mayer’s recent resignation as CEO, in particular her $23 million golden parachute.

Golden Parachute 8

Golden Parachute Self-aware CEO Leadership 8

Harvard Business Review

MAY 12, 2014

They are hedge fund tycoons; “private equity” barons; privateers who have bought the natural resources of entire countries whole; CEOs with golden parachutes the size of small planets. And they are not doctors; businessmen; bankers. And their wealth is questionable; not just in moral terms, but also in economic ones.

Golden Parachute 13

Golden Parachute Class Long-term Morale 13

Harvard Business Review

JANUARY 18, 2012

In 2009 he called off the $7 billion acquisition of Sun Microsystems in part due to Sun's egregious golden parachutes. He also forced partners and distributors to commit in writing to uphold IBM's strict ethical standards. As Palmisano built IBM into the world's leading information technology company, its competitors dithered.

Globalization 16

Globalization Golden Parachute Short-term Long-term 16

Harvard Business Review

JANUARY 7, 2014

The directors needed Kozlowski to be convicted for a number of reasons, not the least of which was a half billion dollar golden parachute the company would owe Kozlowski if he was found not guilty. But like the meeting minutes, the directors’ testimony was unreliable.

Golden Parachute 8

Golden Parachute Ethics Committee Open-book 8

Harvard Business Review

JUNE 25, 2012

Leading people in risky environments is not a game with a reset button, a golden parachute, or a bailout clause. That kind of zero-sum game is for cowards, and in the end, we all pay the price for this type of latent, toxic leadership. Risk has faces and names.

Golden Parachute 13

Golden Parachute Training Risk Management Tactics 13

Harvard Business Review

JANUARY 28, 2014

As an example, last March, 68% of Swiss voters approved a measure giving shareholders the right to block executive and Board pay packages, outlawing “golden parachutes,” and increasing transparency regarding loans and retirement packages, according to the Wall Street Journal. Yes, Switzerland.

Golden Parachute 13

Golden Parachute Drucker Short-term Politics 13

Harvard Business Review

AUGUST 10, 2011

Today's world of bailouts, golden parachutes, sky-high financial-sector salaries — while middle incomes stagnate — seems to be exactly the reverse. Perhaps, then, our societies have reached a natural turning point of built-in self-limitation; and this self-limitation is causing a perfect storm to converge.

Golden Parachute 20

Golden Parachute Banking Globalization Long-term 20

Harvard Business Review

JULY 18, 2016

For example, the forced disclosure of perks in 1978 increased perks as CEOs could see what their peers were receiving; the 1984 law on golden parachutes – a response to a single contract at one firm — catalyzed the adoption of golden parachutes by alerting CEOs without them to their existence; and President Bill Clinton’s $1 million (..)

CEO 8

CEO Politics Golden Parachute Long-term 8