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The vast majority of the time it’s a big deal, which makes it newsworthy. As well, any well run company would announce at least a few quarters in advance that t
by cududa 3y ago
The vast majority of the time it’s a big deal, which makes it newsworthy. As well, any well run company would announce at least a few quarters in advance that the CFO is leaving.
They don’t abruptly quit or get fired after 13 years without something brewing
- andreygrehov 3y agoWith respect, I do not think this is a newsworthy case. > Mr. Kirkhorn will continue to serve Tesla through the end of the year to support a seamless transition. Absolutely zero things to discuss here.
- projectazorian 3y agoThis isn’t the own you think it is. C-level execs are often contractually obliged to serve out lengthy notice periods, a quarter and some change is nothing unusual.
- whinenot 3y agoYou must be new here. Many companies keep ex-C-levels nominally employed as 'consultants' so their stock can vest (which is typically the bulk of their compensation) and avoid any expensive/public lawsuits. It's paying them off to quietly go away without spending any cash.
- Kranar 3y agoActually the vast majority of the time it's not at all a big deal. The average tenure of a CFO among the S&P 500 is 3.5 years. It's really not a big deal.
- concordDance 3y agoCare to make a wager?