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How Should Boards Handle Involuntary CEO Retirement?

Meridian Lead Consultant Jon Szabo spoke with Corporate Board Member in the video below about how boards can navigate the uncharted territory of involuntary retirements from CEOs and how to craft their exit packages.

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In the first quarter of 2019 alone, more than 20 CEOs of large public companies announced their resignations. This uptick in C-level departures, which included several “involuntary retirements,” has compensation committees rethinking their approaches to officer-level severance pay. CBM recently…

Don’t Miss an Opportunity to Optimize Retirement Within Your LTI Program

As employees age, both employers and employees tend to think strategically about retirement, but their perspectives are rarely the same. 

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Employers are generally focused on maximizing productivity and facilitating smooth transitions, while employees are generally focused on timing – not only about when will they have enough money for a comfortable retirement, but also what will they forfeit when they…