How much does it cost to fire a CEO?
Bloomberg Televisionยท2025-08-09 19:00
In 2024, there were 134 unplanned CEO departures at Russell 3000 companies, the most in recent memory. And according to a recent Bloomberg analysis, the price of a CEO transition can be staggering. Let's break down the cost of firing your CEO.Step one, you have to pay the person who was ousted. The median payment to forced out CEOs in 2024 was $6.7% million. This includes payouts for unvested stock awards and other equity based compensation.Step two, you have to pay the incoming CEO. The median signon payme ...