Executive Director Results
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This position paper sets out some of AICD's views on executive termination payments and identifies some issues for boards to consider. The paper draws together comments previously made by AICD on the subject.
Position paper no 13 - Executive termination payments
Termination payments to departing chief executive officers have been the subject of vigorous domestic and international debate in recent years. All stakeholders have been especially critical of unwarranted large termination payments to departing chief executive officers. This paper focuses on chief ...