NOUN
- giving top executives lucrative benefits that must be paid by the acquirer if they are discharged after a takeover
How To Use golden parachute In A Sentence
- I agree: if a golden parachute is the difference between black and red ink, then the golden parachute oughta go. CNN Poll: Obama approval under 50 percent
- Golden parachutes entitle them to a full year's salary if they get booted out of the company.
- Hopefully you'll keep that in mind while the board has the accountants prepare your golden parachute.
- What is certain is that these golden parachutes were monuments to greed, cronyism and the absence of accountability. Times, Sunday Times
- Golden parachutes entitle them to a full year's salary if they get booted out of the company.
- Golden parachutes entitle them to a full year's salary if they get booted out of the company.
- Ensure due diligence is conducted during the consequent growth period, and your personal golden parachutes have uncapped bonuses for exceeding revenue and user targets from this representative window. 10 Steps to Becoming a Web 2.0 Billionaire
- What people resent is that CEOs are earning many hundreds of times more than the average employee, earning bonuses for running companies into the ground, and awarding themselves multi-million dollar golden parachutes when they leave a company after laying off half the staff with two weeks notice and no parachute. Matthew Yglesias » 400 Families Earned an Average of $345 Million Each in 2007
- Still, he left with a 7-figure golden parachute, and only the unitholders were unhappy.
- CEOs typically receive a golden parachute when their companies are seized in a hostile takeover.
