We teamed up with compensation data firm J.Thelander Consulting to get more insight into how private companies are navigating these potentially tricky situations. Here are some key takeaways:
- Paying severance in a lump sum has increased in popularity and now equals continuing payments.
- A plurality of respondents in all three surveys selected 7-12 months as the most common timeframe for the length of CEO severance. The 1-3 month timeframe has notably increased over the last two years.
- Private company CEOs who receive accelerated vesting of equity awards has trended upward to 86%.
Explore the figures further in the charts below.
To get more data, including details on single-trigger versus double-trigger vesting acceleration, click here to take Thelander's Private Company Change of Control & Severance Survey. You'll receive a complimentary report for your participation.
Featured image via francescoch/iStock/Getty Images Plus
To get access to more compensation data, take Thelander's Private Company Change of Control & Severance Survey.
For more content related to private company and investment firm compensation, check out other articles we've published with J.Thelander Consulting or contact Thelander directly.