NEW YORK (AP) — Don’t let the vault door hit you on the way out.
Getting forced out of a job is painful, but a couple (dozen) million dollars help salve the wound. The latest big name to get a big payment with a bye-bye from the boss is Bill O’Reilly. The longtime Fox News host is in line to get up to $25 million, according to media reports, after a string of sexual-harassment allegations led to his ouster.
He joins the long list of executives and bold-faced names who have grabbed handsome payouts that have become standard operating procedure for companies to hand out. The reasons for departure can range from the mundane, such as a CEO simply being ineffective in boosting the stock price, to the salacious, with accusations of improper behavior.
Here’s a look at some other recent departures of big names and what they received as