A month earlier, Mannatech’s former chief legal officer Bettina Simon requested her office furniture—a desk, executive chair, and two side chairs—as part of her separation agreement. Office equipment—laptop computers, cell phones, and BlackBerries—are more common requests. Cars are popular, too, like the 2007 GMC Yukon that outgoing South Financial Group executive John DuBose recently asked for as part of his departure deal from the South Carolina-based bank. Former Varian Semiconductor executive John Aldeborgh requested a Porsche SUV when he left the company at the end of September. The two SUVs, which are respectively priced at $39,000 and $111,000, give new meaning to the phrase “getaway car.” Some swag seems downright pedestrian, like the lifetime discount that former Kohl’s executive Arlene Meier will receive now that she’s retired from the Wisconsin-based retailer.
Free beer and other perks CEOs get when they lose their jobs. - By Michelle Leder - Slate Magazine
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