WeWork Sent Exit Package Terms: FT

The transcript discusses a $17 million payout obligation related to the potential exit of WeWork's co-chief executives, Minson and Gunningham, each receiving about $8 million. This information is sourced from a Financial Times report, which highlights the possibility of significant senior management turnover at WeWork. The discussion also touches on the concept of golden parachutes, emphasizing the financial implications of executive exits.

What is the total amount the company has to pay out related to executive departures?

• $25 million

• $17 million

• $10 million

• $8 million

How much is each co-chief executive entitled to under their exit package?

• $12 million

• $8 million

• $10 million

• $5 million

Which publication reported on the executive exit packages?

• The Wall Street Journal

• The New York Times

• The Financial Times

• Bloomberg

What potential issue does the report highlight about the company's management?

• High employee satisfaction

• Lack of diversity

• Significant management turnover

• Insufficient training programs

What term is used to describe lucrative exit packages for executives?

• Golden parachute

• Golden handshake

• Silver handshake

• Platinum parachute