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CEOs who got millions to quit
While most employees are happy to get their monthly salary when they are sacked, some chief executive officers walk out with millions even after getting fired.
Let's look at CEOs who received a hefty pay packet to quit, according to Business Insider.
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CEOs who got millions to quit
Jack Welch
Severance package: $417,361,902
Years of service: 20 years
Company: General Electric
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CEOs who got millions to quit
Lee Raymond
Severance package: $320,599,861
Years of service: 12
Company: Exxon
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CEOs who got millions to quit
Bill McGuire
Severance package: $285,996,009
Years of service: 15
Company: UnitedHealth Group
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CEOs who got millions to quit
Ed Whitacre
Severance package: $230,048,463
Years of service: 17
Company: AT&T
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CEOs who got millions to quit
Bob Nardelli
Severance package: $223,290,123
Years of service: 6
Company: Home Depot
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CEOs who got millions to quit
John Kanas
Severance package: $214,300,000
Years of service: 29
Company: North Fork Bank
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CEOs who got millions to quit
Fred Hassan
Severance package: $189,352,324
Years of service: 6
Company: Schering-Plough/Merck & Co
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CEOs who got millions to quit
Lou Gerstner
Severance package: $189,005,929
Years of service: 9
Company: IBM
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CEOs who got millions to quit
Hank McKinnell
Severance package: $188,329,553
Years of service: 5
Company: Pfizer
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CEOs who got millions to quit
Tom Ryan
Severance package: $185,415,435
Years of service: 13
Company: CVS Caremark
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CEOs who got millions to quit
Jim Kilts
Severance package: $164,532,192
Years of service: 5
Company: Gillette
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CEOs who got millions to quit
Bob Ulrich
Severance package: $164,162,612
Years of service: 14
Company: Target
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CEOs who got millions to quit
Stan O'Neal
Severance package: $161,500,000
Years of service: 5
Company: Merrill Lynch
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CEOs who got millions to quit
Jerry Grundhofer
Severance package: $159,064,090
Years of service: 5
Company: US Bancorp
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CEOs who got millions to quit
Joel Gemunder
Severance package: $146,001,476
Years of service: 9
Company: Omnicare Inc
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CEOs who got millions to quit
Wallace Malone
Severance package: $125,292,818
Years of service: 23
Company: SouthTrust/Wachovia
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CEOs who got millions to quit
George David
Severance package: $122,631,309
Years of service: 14
Company: United Technologies Corporation
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CEOs who got millions to quit
Meg Whitman
Severance package: $120,427,360
Years of service: 10
Company: eBay
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CEOs who got millions to quit
Leonard Schaeffer
Severance package: $119,041,000
Years of service: 12
Company: WellPoint Health Networks
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CEOs who got millions to quit
Bob Simpson
Severance package: $103,485,972
Years of service: 22
Company: XTO Energy Inc