Searcher CEO severance after termination

professional profile

November 15, 2024

by a professional from The University of Chicago - Booth School of Business in Chicago, IL, USA

Hi Search Fund Community

I am working on various interviews to figure out the searcher CEO severance packages. I am hearing a very wide range from $0 to 1 year worth of serverance.

Any investors and searchers willing to speak up? Please DM me and I can share my data as well. All info will remain anonymous.

Thanks,

Kevin

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commentor profile
Reply by an investor
from University of Texas at Austin in Houston, TX, USA
Rarely do I see the searcher in a traditional search or self funded with a severance in her/his package. I find that many times the board and investors negotiate a 3 month severance to assist both the retiring CEO and the company.
commentor profile
Reply by a searcher
from Columbia University in New York, NY 10012, USA
It would seem like perverse incentive in some ways. I would think most would give the searcher endless ways to solve whatever the cause is for termination, such that if you are really being fired, it is for cause.
commentor profile
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