Paramount Group shareholders approved the sale of the Midtown office landlord yesterday, while voting down the $34 million ...

They voted against Albert Behler’s $34 million exit package, but the chief executive officer is still in line to receive his ...

“Golden parachute” is one of those terms that is just bound to spark controversy. It describes a compensation package for a company’s top executives that is triggered by their termination following a ...

Golden parachutes are large benefits for top executives, affecting company acquisition costs. Silver and tin parachutes provide severance to lower-ranking employees and long-term staff. Investors must ...

The payouts give executives a soft landing if they lose their jobs following the sale of their company. In U.S. Steel's $14 billion sale to Nippon Steel, U.S. Steel General Counsel Duane Holloway has ...

The rise of digital advertising has put pressure on old-line ad agencies, including Interpublic Group and Omnicom, which are merging. Credit: MclittleStock/Adobe Stock The general counsel of ...

As more hospitals are being sold, top hospital executives need to make sure they have “change of control” agreements in place, says Paul Creasy, a partner in Organizational Consulting Group in Avon, ...

Golden parachutes have enabled companies to attract talent but critics say they reduce executives’ incentive to do their best work. Golden parachutes are large payouts to executives after they leave ...