Do the VPs and directors get those special packages in their contracts, so they don’t have to worry at all after the merger while everyone else feels uncertain?
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"If the collected workforce was a key asset in the purchase decision"...are you eating the gummies?? Q management drove that business into the ground. RFMD and Triquint leftovers did that. Why would Skyworks want them? Any of them at any level? Why would skyworks hire in, the very people they will be giving the boot to and have to pay out severances. I think we got a Bob Lackey posting on stuff, that Bob Lackey dont understand. Its over, the party is over. Q will never be profittable, like a real semi company, its woth more in pieces. . There wont be too many Q wokers left when its all done. But there will be alot of Bob Lackeys with there tenure stories.
old chinese proverb - managers get golden parachute. workers get golden shower
It's up to Skyworks. If the collected workforce was a key asset in the purchase decision, the VP will likely remain in place. If the Skyworks needs to cut the target firm's payroll, the VP could be shown the door, if Skyworks already has someone qualified in place. There is no rule of thumb.
The specific outcome depends on the terms of the sale, the executive's new role, and their employment agreement. If employment is terminated post-sale, severance may be negotiated and can include:
• A lump-sum payment, often a multiple of base salary.
• Payment for earned and pro-rated bonuses.
• Continuation of benefits like health and disability insurance.
New role compensation: The acquiring company may offer a new compensation package, which could include:
• Base salary: A guaranteed amount of pay.
• Variable compensation: A performance-based component, such as a bonus or commission tied to specific goals like team revenue or ARR.
• Equity: New stock options, restricted stock units (RSUs), or other forms of equity in the new or combined company