Reply to post: Golden parachute

Boeing, Boeing, gone! CEO Muilenburg quits 'effective immediately'

Red Ted
WTF?

Golden parachute

That was my thought too.

Even my contract means that if my employer asked me to leave tomorrow they would owe me three months pay.

I would imagine that the CEO would have a 12month notice period including bonuses, so really quite a lot of money, because they are worth it.

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