Golden parachutes—the controversial exit payments paid to CEOs, often as large as the name implies—still continue to provide plenty of pay to CEOs and plenty of irritation to investors.
A new study of change-in-control payments at Fortune 100 companies shows that 76 percent have such arrangements for their CEOs, with most receiving a cash payment of triple their base salary. That has been an industry standard for some time, and compensation experts say it is unlikely to change soon.
