CEOs who got millions to quit
Last updated on: January 18, 2012 11:24 IST
Image: Some CEOs walk out with hefty pay packet.
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
Image: Jack Welch.
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
Image: Lee Raymond.
Lee Raymond
Severance package: $320,599,861
Years of service: 12
Company: Exxon
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CEOs who got millions to quit
Image: Bill McGuire.
Bill McGuire
Severance package: $285,996,009
Years of service: 15
Company: UnitedHealth Group
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CEOs who got millions to quit
Image: Ed Whitacre.
Ed Whitacre
Severance package: $230,048,463
Years of service: 17
Company: AT&T
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CEOs who got millions to quit
Image: Bob Nardelli.
Bob Nardelli
Severance package: $223,290,123
Years of service: 6
Company: Home Depot
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CEOs who got millions to quit
Image: John Kanas.
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
Image: Fred Hassan.
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
Image: Lou Gerstner.
Lou Gerstner
Severance package: $189,005,929
Years of service: 9
Company: IBM
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CEOs who got millions to quit
Image: Hank McKinnell.
Hank McKinnell
Severance package: $188,329,553
Years of service: 5
Company: Pfizer
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CEOs who got millions to quit
Image: Tom Ryan.
Tom Ryan
Severance package: $185,415,435
Years of service: 13
Company: CVS Caremark
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CEOs who got millions to quit
Image: Jim Kilts.
Jim Kilts
Severance package: $164,532,192
Years of service: 5
Company: Gillette
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CEOs who got millions to quit
Image: Bob Ulrich.
Bob Ulrich
Severance package: $164,162,612
Years of service: 14
Company: Target
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CEOs who got millions to quit
Image: Stan O'Neal.
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
Image: Jerry Grundhofer.
Jerry Grundhofer
Severance package: $159,064,090
Years of service: 5
Company: US Bancorp
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CEOs who got millions to quit
Image: Joel Gemunder.
Joel Gemunder
Severance package: $146,001,476
Years of service: 9
Company: Omnicare Inc
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CEOs who got millions to quit
Image: Wachovia.
Wallace Malone
Severance package: $125,292,818
Years of service: 23
Company: SouthTrust/Wachovia
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CEOs who got millions to quit
Image: George David.
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
Image: Meg Whitman.
Meg Whitman
Severance package: $120,427,360
Years of service: 10
Company: eBay
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CEOs who got millions to quit
Image: WellPoint Health Networks.
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
Image: Bob Simpson.
Bob Simpson
Severance package: $103,485,972
Years of service: 22
Company: XTO Energy Inc
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