All articles tagged with #exit fees
Cracker Barrel will pay outgoing CEO Julie Felss Masino’s security costs for as long as the board deems it reasonably necessary after her October exit and will provide about $4.6 million in exit payments over two years, as the company seeks to move on from a controversial rebrand; incoming CEO David Deno is set to receive a substantial compensation package.
The Pac-12 and Mountain West have reached an in‑principle settlement to resolve civil lawsuits over exit and poaching fees tied to defections, with final terms due by June 2. Although details aren’t public yet, the fees are expected to be discounted from the more than $150 million initially claimed, with per‑school estimates around $10 million for the five Mountain West schools that joined the Pac-12. The resolution comes as the Pac-12 prepares to relaunch for the 2026‑27 year with eight football members and nine in basketball, following a long period of litigation and negotiations.