It is not unusual for a CEO to leave a firm with a golden parachute worth tens of millions of dollars…..
But C-suite parachutes are not as golden as they were before the financial crisis, says Alan Johnson, managing director of the compensation consulting firm Johnson Associates.

“The trend has been for a reduced severance over the last five or 10 years for CEOs,” he says. “That was one of [shareholder activists’] real hot-button issues.”

These days, firms are offering executives a year or two of pay, down from three, he says. “The general view is you were paid well while you were there and the careers were shorter,” says Johnson……

Ignites / December 12, 2014