Should outgoing CEO Jim Brexler receive a severance package?

38%

Say yes

(108 votes)

 

61%

Say no

(176 votes)

 

284 total votes

4
comments
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wiharu said...

Why on earth should he be entitled to anything but a good reference for his next 6 or 7 figure job?

Why in the heck do we keep letting these bloated frat boys pillage the coffers on their way out the door?

Golden handshakes, golden parachutes, golden calf... if you quit or get fired, be gone with you and let others keep working.

December 13, 2011 at 10:41 a.m.
SandraOnSignal said...

Too bad you are uninformed on how business contracts work. Contracts are contracts, you keep them. If you don't want to, you pay. It is that easy.

December 13, 2011 at 11:04 a.m.
smokey said...

SandraOnSignal YOU are the one that needs to understand how contracts work. I If you RESIGN and request RETIREMENT then you only get your unused pal(vacation&sick) leave and your health benefits depend on your age at Erlanger from 62 to 65 you can remain in the Employee group plan BUT YOU have to pay ALL the Premium after 65 you are on your OWN or medicare. When I a working employee (non executive)and was terminated due to elimination of my position I only got 8 weeks severance which is the current NEW MAX no matter how long you have been there and health benefits were under COBRA for 18 months but since I was over 65 I could not remain under the employee plan after Cobra. Under Brexler MANY" Empployee benefits were reduced or eliminated so Brexler should get treated to EQUAL Compensation. IF the REAL TRUTH is that HE RESIGNED and was not FORCED in to it like I was then Brexler should not get severance otherwise give him 8 weeks that would still amount to ABOUT $88,000 which is more than a year salary for all non management personal.

December 13, 2011 at 3:01 p.m.
baer6 said...

smokey, if i may, what you speak of is correct IF you do not have a specified contract in place which states otherwise. People like me (and I presume yourself based on your comments) do not have access to contracts that provide great severance packages but they do exist for higher management, as the incentive to attract the best to our communities.

Jeff Fisher was given $8 million when he was fired from the Titans, a lot of which was state dollars. How did you feel about that when it went down?

December 14, 2011 at 10:23 a.m.
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