Sentences with phrase «called golden parachute»

It might seem like piling on, but the Buffalo Niagara Coalition for Open Government said it had started working on its report about public authority websites long before the recent reports of a so - called Golden Parachute for the executive director of the Erie County Water Authority.

The board was accused of handing its executive director a lucrative severance package at the beginning of the year — a so - called Golden Parachute should he be pushed out by the new Democratic - controlled leadership team.

Not exact matches

Those numbers represent what's called «golden parachute compensation,» or severance packages allotted for executives who face a «qualifying termination» in connection with a sale of the company and change in command.

(WBEN) Inspired by a «Golden Parachute» deal for the current Erie County Water Authority Executive Director who is likely to lose his job soon because of a change in political patronage power, Assemblywoman Monica Wallace is calling for a limit on these types of severance packages at authorities across New York State.