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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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Living the CEO Afterlife

In the CEO Afterlife

He was 62, a golden parachute strapped to his back, but no hobbies or interests beyond business. Oh, and one other thing, if you’ll pardon the marketer coming out in me. Some find happiness pursuing interests that evaded them during the demanding years in the C-suite. Painting didn’t turn out to be the answer.

CEO 145
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From CEO to Novelist: Not without Perseverance

In the CEO Afterlife

He climbed the advertising and marketing ladder, and eventually became marketing director at Nabob Foods in Vancouver. The golden parachute was nice, but the passion and the purpose was suddenly gone.”. Go into the drug store, see what they had on the shelf, and take an order,” he recalls. Mr. Bell became a consultant.

CEO 100
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From CEO to Novelist: Not without Perseverance

In the CEO Afterlife

He climbed the advertising and marketing ladder, and eventually became marketing director at Nabob Foods in Vancouver. The golden parachute was nice, but the passion and the purpose was suddenly gone.”. Go into the drug store, see what they had on the shelf, and take an order,” he recalls. Mr. Bell became a consultant.

CEO 100
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Is There a CEO Afterlife? | In the CEO Afterlife

In the CEO Afterlife

I’ve also written a historical novel, although I’m still trying to find a publisher who isn’t afraid to invest in a newbie, grey-haired writer in a market going through drastic change. He was 62, a golden parachute strapped to his back, but no hobbies or interests beyond business. Painting wasn’t the answer. Leadership.

CEO 100
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How IBM's Sam Palmisano Redefined the Global Corporation

Harvard Business Review

When Palmisano retired this month, the media chronicled his success by focusing on IBM's 21% annual growth in earnings per share and its increase in market capitalization to $218 billion. In 2009 he called off the $7 billion acquisition of Sun Microsystems in part due to Sun's egregious golden parachutes.

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Income Inequality Is a Sustainability Issue

Harvard Business Review

Henry Ford understood this, paying the workers at Ford more than their counterparts at other industrial companies, reasoning that helping to expand the new middle class was a way to expand the market for Ford’s product. As with other sustainability issues, the social and business consequences are inseparable.