3 ms·

I don't think you know what "golden parachute" means.

• toomuchtodo 7y ago
  You’re arguing semantics. Getting to keep your previously agreed upon comp for failing tremendously (costing your org billions of dollars and contributing to macro economic nation state GDP suppression) can still be expressed as a golden parachute, even if a separate payment to separate from Boeing wasn’t made.
  • aetherson 7y ago
    Sure, it can be expressed as a golden parachute by someone who is deeply confused by what a golden parachute is. A golden parachute is a payment to get someone or of the company. It's a way for a company to part with someone without drama, lawsuits, etcetera. And sure, it could also be corruption. It is not accumulated pensions over 35 years. Obviously. In a "black is not white" kind of way. I have no particular knowledge of this dude. Maybe he was awful. Maybe he did as well as anyone could have in the circumstances. More likely, somewhere in the middle. But his pension from more than there decades ago is not a golden parachute, and nobody would ever sign a contract with a three decade claw-back. This guy's total compensation does not sound terribly high by the standards of CEOs of this size organization.