"Getting the genie back into the bottle would be very difficult at this point," the USC business professor Peer Fiss said of golden parachutes.

“Golden parachute” is one of those terms that is just bound to spark controversy. It describes a compensation package for a company’s top executives that is triggered by their termination following a ...

Two recent developments have renewed attention on golden parachutes and related tax mitigation strategies. In 2025, the Federal Trade Commission vacated its rule banning noncompete agreements, ...

The payouts give executives a soft landing if they lose their jobs following the sale of their company. In U.S. Steel's $14 billion sale to Nippon Steel, U.S. Steel General Counsel Duane Holloway has ...

Exclusive: The Minns government is working on a secret plan to puncture a golden parachute for fat cat public servants and ...

COLUMBIA, S.C. (WCSC) — Across South Carolina, local school leaders have resigned under scrutiny, or even been fired, and then cashed in six-figure payouts. State Superintendent of Education Ellen ...