Regardless of intent, if true (haven't verified myself) it seems like a hell of a perverse incentive.
replyIMHO so it tying CEO pay to stock price. Unless the options/cash-out is delayed for 5+ years after they leave the position, they can 'juke the stats' in the short-term while leaving the company in a bad place long-term (obligatory Boeing-being-run-by-MBAs reference).
replyIf it was a poison pill then why make the severance $8M instead of the majority (or all) of the value of the company?
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