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A Short History of Golden Parachutes

Harvard Business Review

Golden parachutes can’t seem to stay out of the news. Golden parachutes like these are hardly novel in American business. Golden parachutes such are now paid out even when executives leave amid scandal. Firms began adopting golden parachute-style payout packages in the late 1970s.

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Is There a CEO Afterlife? | In the CEO Afterlife

In the CEO Afterlife

Many find satisfaction using their influence to help others. GE’s Jack Welch (pictured above) divides his time consulting with companies, travelling, golfing, lecturing at MIT’s Sloan School of Management and donating time and money to business education. Imagine how difficult it is for him to keep his ego in check.

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