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Living the CEO Afterlife

In the CEO Afterlife

He was 62, a golden parachute strapped to his back, but no hobbies or interests beyond business. Oh, and one other thing, if you’ll pardon the marketer coming out in me. Some find happiness pursuing interests that evaded them during the demanding years in the C-suite. Painting didn’t turn out to be the answer.

CEO 145
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Is There a CEO Afterlife? | In the CEO Afterlife

In the CEO Afterlife

I’ve also written a historical novel, although I’m still trying to find a publisher who isn’t afraid to invest in a newbie, grey-haired writer in a market going through drastic change. He was 62, a golden parachute strapped to his back, but no hobbies or interests beyond business. Painting wasn’t the answer. Leadership.

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A Short History of Golden Parachutes

Harvard Business Review

Golden parachutes can’t seem to stay out of the news. Golden parachutes like these are hardly novel in American business. Golden parachutes such are now paid out even when executives leave amid scandal. Firms began adopting golden parachute-style payout packages in the late 1970s.

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Offering Retirement Benefits to Employees: Pros and Cons

HR Digest

Golden parachutes: This is an agreement between the companies and the key professionals. The present job market is a field with a lot of competition and retirement benefits is one factor that can create a stronger compensation package for the employees and attract them for the work. Conclusion.

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How IBM's Sam Palmisano Redefined the Global Corporation

Harvard Business Review

When Palmisano retired this month, the media chronicled his success by focusing on IBM's 21% annual growth in earnings per share and its increase in market capitalization to $218 billion. In 2009 he called off the $7 billion acquisition of Sun Microsystems in part due to Sun's egregious golden parachutes.

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Can You Be Too Rich?

Harvard Business Review

They are hedge fund tycoons; “private equity” barons; privateers who have bought the natural resources of entire countries whole; CEOs with golden parachutes the size of small planets. At this juncture, I’m sure that defenders of free markets will complain: Who are you to say that anyone shouldn’t be super-rich?

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The Great Splintering

Harvard Business Review

Today's world of bailouts, golden parachutes, sky-high financial-sector salaries — while middle incomes stagnate — seems to be exactly the reverse. An enlightened social contract is not built on subsidies or "handouts" — whether to the impoverished, or to the pitiable welfare junkies formerly known as "the markets."