EA caps severance for executives


EA caps severance for executives EA has introduced a cap on the cash offered to executives as part of their severance packages . As per the filing , which was first uncovered by Axios, any severance or separation packages with executive offers will be capped at 2.99 times that employees’ base salary, plus annual bonus targets. Payouts above this threshold are still possible but subject to shareholder approval. However, this cap…

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