In a lot of these kinds of cases, that's the carrot that the board will dangle in front of them. If they cause damage to the company by not stepping down they

In a lot of these kinds of cases, that's the carrot that the board will dangle in front of them. If they cause damage to the company by not stepping down they can lose that parachute, but if they step down now to help the company save face then they can keep some (or all) of it and possibly avoid further investigations into things.