{"id":264311,"date":"2010-02-02T09:30:37","date_gmt":"2010-02-02T14:30:37","guid":{"rendered":"http:\/\/www.footnoted.org\/?p=4507"},"modified":"2010-02-02T09:30:37","modified_gmt":"2010-02-02T14:30:37","slug":"leaving-microsoft-with-a-nice-cushion%e2%80%a6","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/264311","title":{"rendered":"Leaving Microsoft with a nice cushion\u2026"},"content":{"rendered":"

\"\"<\/a>When Microsoft (MSFT) announced<\/a> on Nov. 24 that CFO Chris Liddell would be leaving the company by the end of the year, the release said that Liddell was “looking at a number of opportunities that will expand his career beyond being a CFO”. About a month later, we learned that Liddell would in fact continue to be a CFO — albeit with the added title of Vice Chairman — at General Motors<\/a>.<\/p>\n

Now one might think that going from the relative stability of Microsoft to the relative instability, or at least far more challenging environment, of General Motors might be a risky career move. And in the 8-K<\/a> that GM filed last month, it seemed to account for that by giving Liddell a huge increase in salary — $750K a year to be finance chief at GM, a 33% increase over his last reported salary at Microsoft — as well as a bunch of other longer term incentives.<\/p>\n

But on top of the gifts bestowed upon Liddell by his new employer, the 10-Q that Microsoft filed on Friday afternoon included Liddell’s resignation agreement<\/a> with Microsoft, which spelled out $1.9 million in payments to the former finance chief — half of which was paid on Dec. 31 and the other half which will be paid on March 31.<\/p>\n

That’s certainly a nice little cushion to begin a new chapter in one’s career.<\/p>\n

Image source: Made in China<\/em><\/p>\n

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When Microsoft (MSFT) announced on Nov. 24 that CFO Chris Liddell would be leaving the company by the end of the year, the release said that Liddell was “looking at a number of opportunities that will expand his career beyond being a CFO”. About a month later, we learned that Liddell would in fact continue […]<\/p>\n","protected":false},"author":4073,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-264311","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/264311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/4073"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=264311"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/264311\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=264311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=264311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=264311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}