Share:

Download the full report here.

Executive severance practices have evolved over the last decade, with changes influenced in part by large institutional investors and proxy advisors. In general, cash severance multiples have declined, and provisions such as single trigger severance protections and excise tax gross-ups are generally only found in legacy arrangements.

This report provides a summary of current market severance practices  for Chief Executive Officers (CEOs) and Chief Financial Officers (CFOs), with specific focus on arrangement types, qualifying termination definitions, cash severance, equity treatment, continued health and welfare benefit duration, excise tax treatment, and restrictive covenants.

Share: