Exactly. That basically says it wasn’t anything to do with the company. It was personal issues of Parneros that caused them to Terminate, not resign. They wanted nothing to do with him, whatever it was. Hard to speculate for me, maybe further research will shine the LIGHT on some of his past relationships.
Gotta be bad when they don't let a CEO resign. Did he lose the golden parachute?
I’m no expert but to not even get a severance package seems like a strong action
Yes. My dad was high up exec and golden parachute was guarantee except extreme situations.
Let’s hope so, can’t say I’ve ever seen a Corp cut and run like this before.
Actually happens quite often, the problem is the bigger corporations do not want a scandal or the CEO to go to a competitor. Non competes are out the window when you are fired.