Thread

1. fred_is_fred · 1790608907 · focus · HN ↗

   As a non-joke question - I am surprised a CEO can do this. Wouldn't there be contract terms about notice period, orderly transition etc?

   1. next_xibalba · 1790609065 · focus · HN ↗

      Likely anything that goes beyond missing out on compensation (ex: unvested RSUs) or even clawing back some comp would violate labor laws. CEOs are still employees, and legislation regulating employer-employee relations trumps all contracts.

      1. jtwaleson · 1790609376 · focus · HN ↗

         There are many many instances where the CEO is not an employee, but they operate via their own legal entity. To be honest I don't know how this works at larger companies.

         1. SkyPuncher · 1790610512 · focus · HN ↗

            I have never heard of this. Do you mind sharing some examples?

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